Property
Beds
5
Full Baths
5
1/2 Baths
1
Year Built
1951
Sq.Footage
4,667
Welcome to "The Hollywood Observatory," a striking architectural retreat tucked away on an exclusive private street just above Sunset Plaza. With commanding jetliner views from nearly every room stretching from Century City to the Pacific Ocean, this modern masterpiece offers one of the most compelling values currently available in the Hollywood Hills. Floor-to-ceiling glass walls blur the line between interior and exterior, creating a seamless indoor-outdoor flow ideal for both intimate living and grand-scale entertaining. At the center of the estate, a dramatic resort-style pool and spa are framed by a Niagara Falls-inspired waterfall, a showstopping fire pit, outdoor kitchen, bar, and expansive dining area. A dedicated wellness space adds a tranquil dimension, perfect for yoga, meditation, and cold plunges. Upstairs, the primary suite stuns with panoramic views of Downtown LA, the ocean, and the city skyline, and is complete with a luxurious spa-style bathroom and an inspiring home office. With a consistent track record of over $600,000 in verifiable annual short-term rental income, this property offers exceptional investment upside in addition to its lifestyle appeal. Just minutes from the Sunset Strip and West Hollywood's best restaurants, boutiques, and nightlife, this gated hideaway offers unmatched privacy and convenience. With the added potential of turning Haslam Terrace into a privately gated street, this is a rare opportunity to own a true design-forward sanctuary at a price point that makes it one of the best deals in the entire Hollywood Hills. Creative financing available where the future buyer may take over existing debt at a 2.75% interest rate on $2.75M in debt with the balance of the purchase price to be provided as buyer equity. A rare opportunity for an owner user, 1031 exchange investor, or conventional investor to own one of the city's most compelling view properties with unmatched income potential, all while at one of the best prices for an architectural masterpiece home in the Sunset Strip.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
5
Area & Lot
-
Lot Size(acres)
0.3812
-
Property Type
Residential
-
Architectural Style
Contemporary
Exterior
-
Garage
No
-
Other Exterior Features
Barbecue, Fire Pit
-
Parking
Attached, Attached Carport, Carport, Driveway
Financial
-
Sales Price
$6,495,000
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Oliver Thornton , Hollywood Estates
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