2027 N Highland Ave Active

Los Angeles,CA 90068

$ 6995000

6 Beds

3 Baths

6029 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,029 sqft

Price per Sqft $1,160

MLS Listing ID 24-433375

Style Villa

Bedrooms 6

Full Baths 3

Year Built 1920

Lot Size 2.885 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Sunset Strip - Hollywood Hills West

Zoning LAR2

Rooms

Other Rooms Shed(s), GuestHouse

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Ceramic Tile, Hardwood

Fireplaces Type Living Room

Equipment Dishwasher, Dryer, Refrigerator, Range/Oven

Laundry Laundry Area

Exterior

Garage Garage - 1 Car, Driveway, Gated, Other

Garage Spaces 20.0

Pool None

View Y/N Yes

View City, City Lights, Hills, Green Belt, Tree Top, Trees/Woods, Valley

Building

Story 2

Others

Special Listing Condition Standard

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