$ 2,995,000
-
$2,995,000
Price -
6
Bed -
6
Bath -
4,074
SqFt
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About the Listing X83921 - X80034
Private Hollywood Hills asset positioned on a rare 1.37-acre lot above Sunset Plaza, offering significant development and value-add potential with expansive jetliner views from Downtown Los Angeles to the Malibu coastline. With a pool and no rental restrictions, the property presents multiple pathways for investors and developers to reposition, expand, or reimagine the site.The existing improvements include a main residence with an open floor plan spanning kitchen, living, and dining areas, all oriented toward a wraparound deck with panoramic city-to-ocean views. A separate living area with its own kitchen and bathrooms provides flexibility for rental income, multi-unit use, or phased redevelopment. A detached casita near the pool and spa further enhances the property's adaptability for ADU use, creative space, or additional income stream.Set above the street and accessed by approximately 70 stairs, the site offers privacy and scale rarely found in this location. Ideal for developers exploring expansion, redevelopment, or luxury spec opportunities, as well as investors seeking strong long-term upside in a supply-constrained hillside market just moments from the Sunset Strip and Laurel Canyon.
Listing Highlights
Status
Active
Days on Site
29
Property Type
Residential
MLS ®
26673889
Year Built
1938
Total Square Footage
4,074
Lot/Acreage
1.37
County
Los Angeles
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central
- Heating: Central
- Fireplaces: Living Room
- Floor: Wood,Mixed
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down,Unfurnished,Open Floor Plan,Built-Ins,Wet Bar,Gourmet Kitchen,Granite Counters,Skylight(s),Open to Family Room,Living Room,Patio Open
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR1
- Roof:
- Others:
- Sewer:
- Parking Features: On street,Uncovered,Garage - None
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
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Questions About..
8494 Cole Crest Dr Los Angeles, CA 90046
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