OPEN SUN 2PM - 5PM
$449K PRICE INCREASE
8581 Cole Crest Dr Los Angeles, CA 90046
Hollywood Hills West NeighborhoodEstimated payment $17,979/month
Total Views
2,510
5
Beds
5.5
Baths
4,547
Sq Ft
$638
Price per Sq Ft
Highlights
- Attached Guest House
- Art Studio
- Spa
- Wonderland Avenue Elementary Rated A
- Home Theater
- City Lights View
About This Home
MOTIVATED SELLER! BRING ALL REASONABLE OFFERS!! Experience breathtaking views of the Hollywood Hills, the iconic Hollywood Sign, and Griffith Park Observatory from this stunning 5-bedroom, 5.5-bath contemporary retreat, tucked away in one of the most private enclaves of the Hollywood Hills. Bathed in natural light from oversized windows and skylights, the home welcomes you with soaring ceilings and an expansive living room, complete with a sleek fireplace, stylish wet bar, and a sprawling outdoor terrace, perfect for entertaining or relaxing in style. The modern kitchen is outfitted with premium stainless steel Bosch appliances, a walk-in pantry, and a cozy breakfast nook. A formal dining room and office alcove are conveniently located nearby, creating seamless flow throughout the main living spaces. Each bedroom is a luxurious suite with its own full bath, offering privacy and comfort throughout. One suite features a private entrance and kitchenette, ideal for use as a guest apartment, studio, or income-generating ADU. The primary suite is a true sanctuary with a cedar-lined walk-in closet, dual shower, spa tub, and a spacious private deck. Additional highlights include wide-plank French oak flooring, abundant storage, a gated entry, a 2-car garage, and two sets of washer/dryers. Whether you're hosting guests, working from home, or setting up a gym or creative studio, this home offers exceptional flexibility and function. All this, just minutes from the vibrant scenes of Hollywood, West Hollywood, Studio City, and with easy access to the San Fernando Valley. Available fully furnished!
Open House Schedule
-
Sunday, August 03, 20252:00 to 5:00 pm8/3/2025 2:00:00 PM +00:008/3/2025 5:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,619
Year Built
- Built in 1989
Lot Details
- 3,000 Sq Ft Lot
- West Facing Home
- Gated Home
- Hillside Location
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
Property Views
- City Lights
- Canyon
- Mountain
Home Design
- Contemporary Architecture
- Split Level Home
- Stucco
Interior Spaces
- 4,547 Sq Ft Home
- 4-Story Property
- Furnished
- Built-In Features
- Bar
- Ceiling Fan
- Skylights
- Double Pane Windows
- Formal Entry
- Great Room
- Separate Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Home Theater
- Home Office
- Loft
- Art Studio
- Sound Studio
- Workshop
- Utility Room
- Home Gym
- Security Lights
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Multi-Level Bedroom
- Walk-In Closet
- Powder Room
- Maid or Guest Quarters
- In-Law or Guest Suite
- Spa Bath
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Spa
- Balcony
Additional Homes
- Attached Guest House
Utilities
- Zoned Heating and Cooling
- Vented Exhaust Fan
- Property is located within a water district
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5556-014-030
Community Details
Overview
- No Home Owners Association
Amenities
- Billiard Room
- Service Entrance
Map
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Home Values in the Area
Average Home Value in this Area
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 | $23,619 | $1,968,600 | $1,377,000 | $591,600 |
| 2024 | $23,619 | $1,924,740 | $1,248,480 | $676,260 |
| 2023 | $24,166 | $1,887,000 | $1,224,000 | $663,000 |
| 2022 | $22,447 | $1,887,000 | $1,132,404 | $754,596 |
| 2021 | $22,170 | $1,850,000 | $1,110,200 | $739,800 |
| 2020 | $27,240 | $2,240,000 | $1,500,000 | $740,000 |
| 2019 | $6,231 | $500,240 | $34,991 | $465,249 |
| 2018 | $6,169 | $490,432 | $34,305 | $456,127 |
| 2016 | $427 | $32,974 | $32,974 | $0 |
| 2015 | $422 | $32,479 | $32,479 | $0 |
| 2014 | $425 | $31,843 | $31,843 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Price Changed | $2,899,000 | +45.7% | $638 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $1,990,000 | -37.8% | $438 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $3,200,000 | +39.7% | $704 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $2,290,000 | -28.4% | $504 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $3,200,000 | +33.4% | $704 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $2,399,000 | -9.3% | $528 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $2,645,000 | -2.0% | $582 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $2,699,000 | 0.0% | $594 / Sq Ft |
| 12/02/2024 12/02/24 | For Sale | $2,699,000 | +12.5% | $594 / Sq Ft |
| 11/30/2024 11/30/24 | Off Market | $2,400,000 | -- | -- |
| 10/08/2024 10/08/24 | Price Changed | $2,400,000 | +8.1% | $528 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $2,220,000 | -9.4% | $488 / Sq Ft |
| 09/09/2024 09/09/24 | For Sale | $2,450,000 | 0.0% | $539 / Sq Ft |
| 07/24/2023 07/24/23 | Rented | $12,900 | 0.0% | -- |
| 06/05/2023 06/05/23 | For Rent | $12,900 | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Chicago Title Company | |
| Trustee Deed | $246,269 | Wfg National-Default Services | |
| Grant Deed | $50,000 | None Listed On Document | |
| Grant Deed | $1,850,000 | Orange Coast Ttl Co Of Socal | |
| Trustee Deed | $1,456,000 | Accommodation | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | Stewart Title Of Ca Inc | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $865,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Open | $1,500,000 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $1,300,000 | New Conventional | |
| Previous Owner | $1,030,000 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 24-436985
APN: 5556-014-030
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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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