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7868 Electra Drive — photo 1
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Bedrooms

4

Bathrooms

5

Square Feet

4,173

Status

Active

Listing Agent: John Johnston, Compass

Los Angeles

7868 Electra Drive

About This Property

A stunning contemporary atop the city with panoramic views to the ocean. Formerly owned by Paul Newman the home is quietly sited in Mt. Olympus, only a moment from the Sunset strip and all the city has to offer. Public rooms on the ground level open to the pool and its western exposure baths the house in light throughout the day and offers unmatched sunsets. A primary suite with a wall of windows that frame the Hollywood Hills and the city below, and an ensuite bathroom with 2 walk in closets, a steam shower and soaking tub. In total 3 ensuite bedrooms upstairs, and a 4th bedroom/office on the ground level. The property also provides an opportunity for generating revenue; the current owner makes about $250,000 a year using it as a rental. Whether for you, or for a guest, it's the perfect home for entertaining, or retreating; easy access and the rarity of ample parking in hills - all located in the heart of the city. This is consummate Indoor-outdoor living at its finest - privacy and proximity - the best of life in LA.

Neighborhood

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Asking Price

$4,900,000

Est. Monthly Payment

$31,310/mo

20% down · 6.5% rate · 30yr

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Listing Agent

John Johnston

Compass