CA > Los Angeles
Los Angeles, CA 90068,2027 N Highland Ave
Los Angeles, CA 90068,2027 N Highland Ave
Los Angeles, CA 90068,2027 N Highland Ave
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$6,995,000
Est. payment /mo
6 Beds
3 Baths
6,029 SqFt
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UPDATED:

10/28/2024 11:34 PM

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

HOA Y/N No

Year Built 1920

Lot Size 2.885 Acres

Acres 2.9

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

Architectural Style Villa

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Oppenheim Group, Inc.

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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