1565 Haslam TER new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90069
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,667 sqft
Price per Sqft $1,391
MLS Listing ID 25553457
Bedrooms 5
Full Baths 5
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1951
Lot Size 0.381 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning LARE11
Interior
Heating Central
Cooling Central Air
Flooring Tile,Wood
Furnishings Furnished Or Unfurnished
Fireplace Yes
Appliance Barbecue,Dishwasher,Microwave,Refrigerator,Dryer,Washer
Exterior
Exterior Feature Fire Pit
Parking Features Attached Carport,Carport,Driveway
Carport Spaces 2
Pool Heated,In Ground,Private
View Y/N Yes
View City Lights,Mountain(s),Ocean,Panoramic,Pool
Total Parking Spaces 5
Private Pool Yes
Building
Story 2
Entry Level Two
Architectural Style Contemporary
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5558003009
Special Listing Condition Standard