Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1525 Marlay Drive

Los Angeles, CA, 90069

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$4,999,000

MLS: 26683743

Beds

4

Baths

5

Sq Ft

4,400

Lot

0.13 ac

Year Built

2026

MLS #

26683743

Days on Market

12

Listed

Apr 9, 2026

Description

Best value view estate in all of Hollywood Hills! Brand new construction home with breathtaking jetliner views of the city - in one the best locations above Chateau Marmont - minutes away from all the action and vibes of the The Sunset Strip, yet peacefully tucked away on a quiet closed-end street. House is complete with gated parking, elevator to all floors, a pool, a theater, and a spa-like master suite with a private lounge room. The thoughtfully designed floor plan features four en-suite bedrooms, a theater with wet bar, an elevator, an indoor green wall, and a top-level primary suite complete with a private lounge, a steam shower, and a Calacatta Viola clad spa-like bath. Expansive, fully retractable glass doors open to outdoor living spaces that include a sparkling pool, summer kitchen, fire pit sitting area, and panoramic city and Sunset Strip views. Designer finishes throughout feature walnut cabinetry, Taj Mahal quartz and leathered granite countertops, herringbone Italian lime flooring, custom travertine sinks, plaster walls, a striking all-brass kitchen vent, and a dramatic double-wide glass pivot entry door. Additional features include surround sound, a laundry chute, and a two-car garage with ample gated driveway parking. Each bedroom opens to its own balcony framing the skyline, while a separate downstairs guest suite offers privacy and its own wet bar. A true entertainer's paradise and serene retreat in one, this residence exemplifies prime Hollywood Hills living.

Location

Los Angeles, Los Angeles County, CA 90069

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Listed by: Jacob Klentner · Westside Estate Agency Inc.

Payment estimate

$35,025

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $499,900 · Loan: $4,499,100

%
Principal & Interest
$27,643
Property tax (1.25%)
$5,207
Homeowners insurance
$300
Mortgage insurance
$1,875
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $174,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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