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$5,285,000
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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.
Full Property Details
Full Property Details for 1565 Haslam Terrace
General
- Sold For: $5,285,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 25553457
- Added to Site: 227 day(s) ago
Interior
- Rooms/Areas: Entry, Family Room, Bar, Den/Office, Dining Room, Living Room, Master Bedroom, Powder
- Furnishings: Furnished Or Unfurnished
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Family Room: 1
- Laundry: Laundry Area
Additional Information
- Pool: Yes
- Pool Description: Heated, In-Ground, Private
- Spa: Yes
- Spa Description: Other
- Other Features: None
Parking
- Garage Description: Carport, Carport Attached, Driveway
Location
- Area: Sunset Strip - Hollywood Hills West
- County: Los Angeles
- Driving Directions: Use G.P.S or Waze.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- Architectural Style: Contemporary
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 4,667
- Sq. Ft. Source: Taped
- Year Built: 1951
- Year Built Source: Vendor Enhanced
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pool, Mountains, Panoramic, Ocean, City, City Lights
- Lot Size (Acres): 0.3874
- Lot Size: 16606
- Lot Size Source: Assessor
- Lot Dimensions: 99 x 160
- Zoning: LARE11
Financial Considerations
- Price Per Sq. Ft.: $1,327.41
- Assessment Year: 1951
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5558-003-009
Listed by Hollywood Estates, Oliver Thornton and Hollywood Estates, RC Thornton
Sold by Hollywood Estates, Oliver Thornton
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Schools
Schools serving 1565 Haslam Terrace
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gardner Street Elementary School 7450 Hawthorn Avenue, Los Angeles, CA 90046 | PK-5 | 1.8 mi |
Hubert Howe Bancroft Middle School 929 North Las Palmas Avenue, Los Angeles, CA 90038 | 6-8 | 2.8 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 1.8 mi |
Hollywood Senior High School 1521 Highland Avenue, Los Angeles, CA 90028 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1565 Haslam Terrace
Date
Details
Price
Change
Source
11/17/2025
Sold
$5,285,000
-14.69%
MLS
9/10/2025
Price Reduced
$6,195,000
-4.62%
MLS
7/08/2025
Listed
$6,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1565 Haslam Ter, Los Angeles, CA 90069 (MLS# 25553457) is a Single Family property that was sold at $5,285,000 on November 17, 2025. Want to learn more about 1565 Haslam Ter? Do you have questions about finding other Single Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

