7868 Electra Drive
Los Angeles, CA, 90046
$5,000,000
MLS: 26658597
Beds
4
Baths
5
Sq Ft
4,173
Lot
0.24 ac
Year Built
1999
MLS #
26658597
Days on Market
103
Listed
Mar 5, 2026
Description
A stunning contemporary, perched atop the city with panoramic views to the ocean. Quietly sited in Mt. Olympus, but only a moment from the Sunset strip and all the city has to offer. Public rooms on the ground level that open out to the pool with western exposure that 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. Perfect for entertaining; 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.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: John Johnston · Compass
Payment estimate
$35,907
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $500,000 · Loan: $4,500,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $28,502
- Property tax (1.25%)
- $5,208
- Homeowners insurance
- $300
- Mortgage insurance
- $1,875
- HOA dues
- $21
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $175,000 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
See Los Angeles, CA 90046 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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