Active
2027 N Highland Avenue
Los Angeles CA, 90068
$6,995,000
$1,160.23 per sqft
Active
6 Beds
3 Baths
6,029 sqft
Residential
Built in 1920
Listed by Catherine Agro with The Oppenheim Group, Inc. 310-990-6656
Discover a prime development opportunity on this legendary 3-acre estate in the heart of Hollywood. Formerly known as the Hollywood Art Center School, this historic property spans two lots and includes four interconnected buildings, including a 1920s Mediterranean-Revival mansion influenced by the architects of the nearby Magic Castle. The estate's grounds are a natural paradise, featuring scenic hiking trails, cascading waterfalls, and a 100-seat stone amphitheater with views of the Hollywood Hills and iconic sign. Potential development options being evaluated include the construction of a multi-story residential building in the R4 zone with up to 80 units, alongside the development of a private membership club within the existing historic buildings. The property may also support the construction of up to 80 hotel guest rooms within the R4 zone, with the possibility of additional detached bungalow-style hotel rooms along Glencoe Way in the R2 zone. This rare property combines historic charm with substantial development potential, all just minutes from the Hollywood Bowl and the vibrant energy of New Hollywood. Survey and summary available upon request.
24433375
MLSⓇ ID
September 3, 2024
Listed
November 8, 2024
Updated
Map
2027 N Highland Avenue
Los Angeles CA, 90068
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Atrium
Appliances
Dishwasher, Refrigerator, Dryer
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
2.88 Acres
Other Property Details
Area Name
C03 - Sunset Strip - Hollywood Hills West
Days on Market
65
Garage
Yes
Parking
Door-Single, Driveway, Garage, Gated
Parking Total
20
View
Yes
View Description
City Lights, Park/Greenbelt, Hills, Valley, Trees/Woods
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR2
Listing Contact: 310-990-6656
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/8/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/8/2024 at 2:11 AM UTC