NOT LISTED FOR SALE

8530 Hedges Place Los Angeles, CA 90069

Hollywood Hills West Neighborhood

Estimated Value: $2,788,000 - $11,179,529

4 Beds
3.5 Baths
2,833 Sq Ft
$2,339/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $5,900,000 $2,083 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $37,609/month

52 Days on Market

Highlights

  • Guest House
  • Panoramic View
  • Maid or Guest Quarters
  • In Ground Pool
  • Midcentury Modern Architecture
  • Living Room with Fireplace

About This Home

As of February 2020

The Midcentury Wolff Residence was built in 1961 by internationally famous Los Angeles-based architect John Lautner, AIA. Employing stone, glass, and copper, it is one of the best representations of Lautner's Midcentury Masterpieces, and one of his "favorite five" commissions. The living room on the top floor of The Wolff Residence is wrapped by two 16-foot walls of glass, bringing in views of Los Angeles and beyond. Outside on the terrace, a monumental eucalyptus traverses all floors, partially embraced by a side rock wall as tall as the entire residence. The Master Bedroom, underneath the living room has its own terrace with panoramic views. The bottom floor features a pool that allows you to float away from the residence and peer down on the city below. The Wolff Residence shares a copper-lined roof with the adjoining Guest House, commissioned in 1970, which has three rooms/bedrooms and two full baths. This Transcendent Masterpiece offers privacy and inspires creativity.

Last Agent to Sell the Property

George Salazar

eXp Realty of Greater Los Angeles License #00884017 Listed on: 11/01/2019

eXp Realty of Greater Los Angeles

Co-Listed By

Tilsia Acosta

eXp Realty of Greater Los Angeles License #00880223

Last Buyer's Agent

Denise Moreno

Hilton Hilton License #01928051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,796

Year Built

  • Built in 1961

Lot Details

  • 9,795 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Midcentury Modern Architecture
  • Split Level Home

Interior Spaces

  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring
  • Panoramic Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Guest House
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5559-022-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,796

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: The Midcentury Wolff Residence was built in 1961 by internationally famous Los Angeles-based architect John Lautner, AIA. Employing stone, glass, and copper, it is one of the best representations of Lautner's Midcentury Masterpieces, and one of his "favorite five" commissions. The living room on the top floor of The Wolff Residence is wrapped by two 16-foot walls of glass, bringing in views of Los Angeles and beyond. Outside on the terrace, a monumental eucalyptus traverses all floors, partially embraced by a side rock wall as tall as the entire residence. The Master Bedroom, underneath the living room has its own terrace with panoramic views. The bottom floor features a pool that allows you to float away from the residence and peer down on the city below. The Wolff Residence shares a copper-lined roof with the adjoining Guest House, commissioned in 1970, which has three rooms/bedrooms and two full baths. This Transcendent Masterpiece offers privacy and inspires creativity.
  • Year Built: 1961
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Hood Fan, Network Wire, Range/Oven, Refrigerator, Washer

Exterior Features

  • Other Structures: Accessory Bldgs, GuestHouse
  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: No
  • View: Panoramic
  • View: Yes

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Zoned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5559-022-017
  • Geocode Override: No
  • Lot Size Area: 9795

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2022
Sold by
Hearst Ronning and Hearst Amanda
Bought by
Long Walk Llc
Current Estimated Value
$6,627,510

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 29, 2020
Sold by
Diez Marco
Bought by
Ronning Joachim and Ronning Amanda Hearst
Seller's Agent
George Salazar
eXp Realty of Greater Los Angeles
Buyer's Agent
Denise Moreno
Hilton Hilton
List Price
$6,500,000
Sold Price
$5,900,000
Premium/Discount to List
-$600,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$2,500,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2019
Sold by
Crawford Triumph Inc
Bought by
Diez Marco

Purchase Details

Closed on
Mar 19, 2008
Sold by
8530 Hedges Place Llc
Bought by
Wolff Residence 1961 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Lafetra Michael W
Bought by
8530 Hedges Place Llc

Purchase Details

Closed on
Nov 6, 2006
Sold by
Lafetra Michael W
Bought by
Lafetra Michael W and La Fetra Revocable T Michael W

Purchase Details

Closed on
Aug 7, 2006
Sold by
Gallo Vincent
Bought by
Lafetra Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,712,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2006
Sold by
Blank Investments Llc
Bought by
Gallo Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,712,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Srj Co Llc
Bought by
Blank Investments Llc

Purchase Details

Closed on
Mar 21, 2005
Sold by
Brady Michael Fitzgerald
Bought by
Srj Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
Wilson Rosalie Elizabeth
Bought by
Brady Michael Fitzgerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1996
Sold by
Davidson P Waverly and Kaufman Sanford
Bought by
Wilson Rosalie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Long Walk Llc $11,000,000 Chicago Title
Ronning Joachim $5,900,000 Chicago Title Company
Diez Marco -- None Available
Crawford Triumph Inc -- None Available
Wolff Residence 1961 Llc -- California Title Company
8530 Hedges Place Llc -- Chicago Title Co
Lafetra Michael W -- None Available
Lafetra Michael W -- First American Title Co
Gallo Vincent -- None Available
Blank Investments Llc -- Equity Title Company
Srj Co Llc -- Equity Title Company
Brady Michael Fitzgerald -- Equity Title Company
Wilson Rosalie Elizabeth $1,800,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ronning Joachim $2,500,000
Previous Owner Wolff Residence 1961 Llc $4,000,000
Previous Owner Lafetra Michael W $3,712,500
Previous Owner Srj Co Llc $1,360,000
Previous Owner Brady Michael Fitzgerald $2,325,000
Previous Owner Wilson Rosalie Elizabeth $250,000
Previous Owner Wilson Rosalie Elizabeth $1,500,000
Previous Owner Wilson Rosalie Elizabeth $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $5,900,000 -9.2% $2,083 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $6,500,000 -- $2,294 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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
2024 $10,796 $856,000 $342,400 $513,600
2023 $10,797 $856,000 $342,400 $513,600
2022 $10,447 $856,000 $342,400 $513,600
2021 $10,505 $856,000 $342,400 $513,600
2020 $12,613 $1,013,000 $405,000 $608,000
2019 $10,015 $1,013,000 $405,000 $608,000
2018 $12,566 $1,013,000 $405,000 $608,000
2017 $12,536 $1,013,000 $405,000 $608,000
2016 $12,446 $1,013,000 $405,000 $608,000
2015 $20,935 $1,013,000 $405,000 $608,000
2014 $12,738 $1,013,000 $405,000 $608,000
Source: Public Records

Agents Affiliated with this Home

  • George Salazar

    Seller's Agent in 2020

    George Salazar

    eXp Realty of Greater Los Angeles

    (310) 400-6756

    12 Total Sales

    George Salazar
    Section Image
  • Tilsia Acosta

    Seller Co-Listing Agent in 2020

    Tilsia Acosta

    eXp Realty of Greater Los Angeles

    (310) 701-8037

    1 Total Sale

    Tilsia Acosta
    Section Image
  • Denise Moreno

    Buyer's Agent in 2020

    Denise Moreno

    Hilton Hilton

    (310) 903-3935

    1 in this area

    7 Total Sales

    Denise Moreno
    Section Image
  • Gordon MacGeachy

    Buyer Co-Listing Agent in 2020

    Gordon MacGeachy

    Hilton Hilton

    (310) 367-9616

    1 in this area

    6 Total Sales

    Gordon MacGeachy
    Section Image
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Map

Source: The MLS

MLS Number: 19-526234

The MLS

APN: 5559-022-017

California Los Angeles County Los Angeles 90069 Hollywood Hills West

8530 Hedges Place, Los Angeles, CA

This home is located at 8530 Hedges Place, Los Angeles, CA 90069 since 01 November 2019 and is currently estimated at $6,627,510, approximately $2,339 per square foot. This property was built in 1961. 8530 Hedges Place is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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The MLS © 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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