Seller's Agent in 2023
Lolita Bagramyan
The Beverly Hills Estates
(310) 748-7717
1 in this area
17 Total Sales
8516 Hedges Place Los Angeles, CA 90069
Hollywood Hills West Neighborhood
5
Beds
6
Baths
5,580
Sq Ft
0.26
Acres
Highlights
- Ocean View
- Contemporary Architecture
- Walk-In Closet
- In Ground Pool
- No HOA
- Living Room
About This Home
As of February 2023Rising up from one of the last great promontory view sites along Sunset Strip is a One of a kind contemporary design by world-renowned Belzberg Architects. Explosive views spanning Downtown Los Angeles all the way west to Century City and the Ocean beyond. Located one minute from Sunset Strip with local amenities such as The Tower Hotel, Equinox Gym and fine dining on Sunset Plaza are all within walking distance. A minimalist but warm material palette is displayed throughout the interiors. Custom wide plank white oak floors flow throughout the living spaces. Finishes of the highest quality are used throughout including frameless glass interior doors by Rimadesio, walk-in closets by Rimadesio, Bathroom cabinetry by Antonio Lupi and Dada Kitchen fitted with Miele appliances. True luxury is displayed throughout with all the features one would expect with a home of this caliber. A fully automated smart home is controllable by i-phone whilst anywhere in the world. A Day lit Basement with huge ceilings soaring up to 12 feet high houses Theatre & Bar, Wine Tasting room, Gym and a further bedroom amongst other amenities. The 'Form meets Function' approach is evident when ascending the Cantilevered Stairs leading to the second floor accommodations. A true master suite, positioned on the east side of the site affords the best views in the house-the Cantilevered Master Bedroom perched over the pool deck below offering panoramic views of Los Angeles. Take evening soaks in the oversized tub and gaze out to the twinkling lights of Century City. Second floor guest suites all offer dedicated balconies and head on views to Century City and beyond. Location, Architecture & Views Live above it all.
Last Agent to Sell the Property
The Beverly Hills Estates License #01804040 Listed on: 02/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $180,703
Year Built
- Built in 2016
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 102x115
- Property is zoned LAR1
Parking
- 2 Parking Spaces
Property Views
- Ocean
- City Lights
Home Design
- Contemporary Architecture
Interior Spaces
- 5,580 Sq Ft Home
- 2-Story Property
- Living Room
- Laundry Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
Pool
- In Ground Pool
- In Ground Spa
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5559-022-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2023
Closed on
Jan 17, 2023
Sold by
Lah Trust
Bought by
Hedges 516 Lp
Seller's Agent
Lolita Bagramyan
The Beverly Hills Estates
Buyer's Agent
Christina Kim
Keller Williams Larchmont
List Price
$14,600,000
Sold Price
$14,600,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,894,504
Avg. Annual Appreciation
-13.48%
Purchase Details
Closed on
Jun 7, 2019
Sold by
King Michael and King Marianna
Bought by
Katzenstein Andrew M and Lah Trust
Purchase Details
Listed on
Sep 13, 2018
Closed on
Dec 13, 2018
Sold by
8516 Hedges Place Llc
Bought by
King Michael and King Marianna
Seller's Agent
Tyrone McKillen
Plus Real Estate
Buyer's Agent
Roger Perry
Rodeo Realty
List Price
$13,900,000
Sold Price
$12,875,000
Premium/Discount to List
-$1,025,000
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.70%
Original Mortgage
$3,500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 13, 2014
Closed on
Mar 4, 2014
Sold by
Hergenroeder Roy C and Hergenroeder Dorothy J
Bought by
8516 Hedges Place Llc
Seller's Agent
Jeffrey Hobgood
Sotheby's International Realty
Buyer's Agent
Tyrone McKillen
Plus Real Estate
List Price
$2,999,000
Sold Price
$3,350,000
Premium/Discount to List
$351,000
11.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.55%
Original Mortgage
$1,890,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 26, 2001
Sold by
Hergenroeder Roy C and Hergenroeder Dorothy J
Bought by
Hergenroeder Roy C and Hergenroeder Dorothy J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $14,600,000 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $12,875,000 | Equity Title Company | |
| Grant Deed | $3,350,033 | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,500,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,890,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2023 02/08/23 | Sold | $14,600,000 | 0.0% | $2,616 / Sq Ft |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
| 02/06/2023 02/06/23 | For Sale | $14,600,000 | +13.4% | $2,616 / Sq Ft |
| 02/06/2019 02/06/19 | Sold | $12,875,000 | -7.4% | $1,839 / Sq Ft |
| 12/11/2018 12/11/18 | Pending | -- | -- | -- |
| 09/13/2018 09/13/18 | For Sale | $13,900,000 | 0.0% | $1,986 / Sq Ft |
| 06/23/2014 06/23/14 | Rented | $10,000 | -33.3% | -- |
| 06/23/2014 06/23/14 | Under Contract | -- | -- | -- |
| 03/17/2014 03/17/14 | For Rent | $15,000 | 0.0% | -- |
| 03/13/2014 03/13/14 | Sold | $3,350,000 | +11.7% | $920 / Sq Ft |
| 01/13/2014 01/13/14 | For Sale | $2,999,000 | -- | $824 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $180,703 | $15,189,840 | $11,444,400 | $3,745,440 |
| 2024 | $180,703 | $14,892,000 | $11,220,000 | $3,672,000 |
| 2023 | $166,526 | $13,804,599 | $5,763,084 | $8,041,515 |
| 2022 | $158,715 | $13,533,922 | $5,650,083 | $7,883,839 |
| 2021 | $156,862 | $13,268,552 | $5,539,298 | $7,729,254 |
| 2019 | $64,943 | $5,450,721 | $2,736,252 | $2,714,469 |
| 2018 | $64,661 | $5,343,845 | $2,682,600 | $2,661,245 |
| 2016 | $41,893 | $3,469,039 | $2,635,642 | $833,397 |
| 2015 | $41,277 | $3,416,932 | $2,596,053 | $820,879 |
| 2014 | $3,728 | $266,688 | $108,414 | $158,274 |
Source: Public Records
Agents Affiliated with this Home
-
Lolita Bagramyan
-
Ben Bacal
Seller Co-Listing Agent in 2023
Ben Bacal
Revel Real Estate
(214) 502-0366
12 in this area
40 Total Sales
-
Christina Kim
Buyer's Agent in 2023
Christina Kim
Keller Williams Larchmont
(310) 944-8611
1 in this area
83 Total Sales
-
Tyrone McKillen
Seller's Agent in 2019
Tyrone McKillen
Plus Real Estate
(949) 212-8721
11 in this area
58 Total Sales
-
Patrick Fogarty
Seller Co-Listing Agent in 2019
Patrick Fogarty
Carolwood Estates
(310) 779-2415
8 in this area
20 Total Sales
-
Roger Perry
Buyer's Agent in 2019
Roger Perry
Rodeo Realty
(213) 999-1838
7 in this area
101 Total Sales
Map
Source: The MLS
MLS Number: 23-240045
APN: 5559-022-019
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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