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36
Photos
2027 N Highland Avenue, Los Angeles, CA 90068
$6,995,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
3
baths
6,029
sqft
Built in
1920
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.
Features & Amenities
Interior
- General:
- Atrium
- Appliances:
- Dishwasher,Refrigerator,Dryer
- Flooring:
- Wood
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- Living Room, Fireplace
Exterior
- General:
- Guest House,Shed(s)
- Other Structures:
- Guest House,Shed(s)
- Pool:
- None
- Parking:
- Door-Single,Driveway,Garage,Gated, Parking spaces: 20
Construction
- General:
- 2
Location
- Originating MLS:
- CRMLS
- County:
- Los Angeles
Lot
- Zoning:
- LAR2, 5549030001
- View:
- City Lights,Park/Greenbelt,Hills,Valley,Trees/Woods, View
Financial
- Source:
- CRMLS
This listing courtesy of:
The Oppenheim Group, Inc., Catherine Agro
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Los Angeles, CA
Housing
- Number of Units
- 906,276
- Median Home Value
- $764,749
- Median Rent
- $1,399
71.58% of housing units are renter occupied.
6.82% are vacant.
Commute
- Car
-
56.67%
- Public Transportation
-
8.41%
- Walk to Work
-
3.27%
- Work from Home
-
29.71%
- Other
-
1.00%
The median travel time to work is 25 minutes.
People
- Population
- 2,373,885
- Median Age
- 35.80
- Median Household Size
- 2.78
Education
- High School
-
18.57%
- Associate’s Degree
-
5.55%
- Bachelor’s Degree
-
22.72%
- Graduate Degree
-
12.23%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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