2027 N Highland AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90068
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 24433375
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. Survey and summary available upon request.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning LAR2
Rooms
Other Rooms Guest House,Shed(s)
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Living Room
Exterior
Parking Features Door-Single,Driveway,Garage,Gated
Pool None
View Y/N Yes
View City Lights,Park/Greenbelt,Hills,Valley,Trees/Woods
Building
Story 2
New Construction No
Others
Special Listing Condition Standard