2027 N Highland Avenue
Los Angeles, CA 90068
- 6 beds
- 3 baths
- 6,029 sqft
- ~3 acre lot
- $1,160 per sqft
- 1920 build
- – on site
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.
Last checked:
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Last updated Jan 17, 2025
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MLS# CL24433375 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1920
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Building Area Units:Square Feet
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Levels:Multi/Split
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Building Area Total:6029
Interior
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Interior Features:Atrium
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Kitchen Features:Dishwasher, Refrigerator
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Flooring:Wood
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Fireplace:true
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Fireplace Features:Living Room
Room Dimensions
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Living Area:6029
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Living Area Units:Square Feet
Location
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Directions:Entry drive is on west side of Highland Ave, 1/2 b
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:5549030001
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Zoning:LAR2
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Lot Size Area:2.8848
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Lot Size Acres:2.8848
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Lot Size SqFt:125661
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:6
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Appliances:Dishwasher
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Laundry Features:Dryer
The Community
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Association:false
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:false
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Carport:false
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Parking Total:20
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Parking Features:Other
Extra Units
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Other Structures:Guest House
Monthly cost estimate
Asking price
$6,995,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$37,456
|
| Taxes | N/A |
| Insurance | $1,923 |
| Utilities | $265 See report |
| Total | $39,644/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/3/24
Sep 3, 2024
|
Listed / Active | BRIDGE | $6,995,000 | 7.6% (1.4% / YR) |
|
1/29/19
Jan 29, 2019
|
CRMLS_CA | $6,500,000 |
