$3,995,000
$1M PRICE DROP

Estimated payment $23,942/month

Total Views 6,959
7 Beds
6.5 Baths
6,725 Sq Ft
$594 Price per Sq Ft

Highlights

  • Ocean View
  • Home Theater
  • Contemporary Architecture
  • Wonderland Avenue Elementary Rated A
  • Heated Spa
  • Living Room with Fireplace

About This Home

Welcome to "The Sunset Plaza Hub," a dramatic architectural modern perched above the Sunset Strip with sweeping, unobstructed views from Downtown Los Angeles to Beverly Hills and out to Catalina Island. Designed for elevated living and effortless entertaining, the home features soaring ceilings, walls of glass, and an open-concept layout that floods the interiors with natural light. A chef's kitchen anchors the main level, while a state-of-the-art home theater and top-floor primary suite with spa-like bath, private balcony, and cliffside hot tub offer the ultimate in luxury and comfort. The expansive basement level serves as a versatile canvas, ideal for a recording studio, wellness spa, nightclub, or another creative use. With a gated entry, full security system, direct garage access, and close proximity to world-class shopping, dining, and nightlife, this property captures the essence of the LA lifestyle. Proven investment upside with a multi-year short-term rental history generating $400,000+ in verifiable annual income. Creative financing available where the future buyer may take over existing debt at a 2.75% interest rate on $1.615M or a blended 4.6% rate on $2.4M, with the balance of the purchase price to be provided as buyer equity. A rare opportunity for an owner user, 1031 exchange investor, or developer to own one of the city's most compelling view properties with unmatched income potential, all while at one of the lowest price per square foot buy in prices of all inventory in the Sunset Strip.

Listing Agent

Oliver Thornton

Hollywood Estates License #01969227 Listed on: 03/10/2025

Co-Listing Agent

RC Thornton

Hollywood Estates License #01266660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,119

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 7,949 Sq Ft Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,725 Sq Ft Home
  • 4-Story Property
  • Bar
  • Entryway
  • Living Room with Fireplace
  • Home Theater
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway

Pool

  • Heated Spa
  • Above Ground Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5562-019-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,119

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 6725
  • Lot Acreage: 0.1825
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Year Built: 1989
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Wood, Tile, Carpet
  • Bedrooms: 7
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Washer, Microwave, Garbage Disposal, Freezer, Alarm System, Barbeque, Dishwasher, Dryer
  • Price Per S Q F T: 594.05

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Above Ground, Heated, Private
  • Spa Yn: Yes
  • View: Ocean, City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5562-019-011
  • Lot Size Area: 7949

Rental Info

  • Furnished: Furnished Or Unfurnished

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,119 $2,338,468 $1,628,559 $709,909
2024 $28,119 $2,292,617 $1,596,627 $695,990
2023 $27,577 $2,247,665 $1,565,321 $682,344
2022 $26,322 $2,203,594 $1,534,629 $668,965
2021 $25,995 $2,160,388 $1,504,539 $655,849
2019 $25,150 $2,096,312 $1,459,914 $636,398
2018 $25,003 $2,055,209 $1,431,289 $623,920
2016 $23,922 $1,975,405 $1,375,711 $599,694
2015 $23,522 $1,945,734 $1,355,047 $590,687
2014 $23,590 $1,907,621 $1,328,504 $579,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $3,995,000 -9.1% $594 / Sq Ft
07/08/2025 07/08/25 Price Changed $4,395,000 -2.2% $654 / Sq Ft
05/12/2025 05/12/25 Price Changed $4,495,000 -5.4% $668 / Sq Ft
04/09/2025 04/09/25 Price Changed $4,750,000 -4.9% $706 / Sq Ft
03/10/2025 03/10/25 For Sale $4,995,000 +163.0% $743 / Sq Ft
02/15/2013 02/15/13 Sold $1,899,000 -2.6% $488 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
12/04/2012 12/04/12 Price Changed $1,949,000 -0.1% $501 / Sq Ft
12/03/2012 12/03/12 For Sale $1,950,000 -- $501 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $1,450,000 Equity Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $1,155,000 First American Title Co
Grant Deed -- Chicago Title Co
Grant Deed $135,000 Progressive Title Company
Gift Deed -- Benefit Title
Grant Deed $64,000 Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $740,000 New Conventional
Closed $200,000 New Conventional
Open $2,450,000 Credit Line Revolving
Closed $300,000 New Conventional
Closed $750,000 Credit Line Revolving
Closed $1,796,800 New Conventional
Previous Owner $1,519,200 New Conventional
Previous Owner $323,356 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $855,000 No Value Available
Previous Owner $928,000 No Value Available
Closed $285,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25509691

The MLS

APN: 5562-019-011