2027 North Highland Avenue
$6,995,000
6
3
6,029
6,029
$1,160
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...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.
- Listed by Catherine Agro • DRE #02117995 • Brokerage DRE #01863254 • The Oppenheim Group, Inc.
- Listed by Jason Oppenheim • DRE #01863254 • Brokerage DRE #01863254 • The Oppenheim Group, Inc.
Property Details for 2027 North Highland Avenue
Zoning
LAR2
StyleVilla
Parcel Number5549030001
Living Area6029
Source Living AreaVendor Enhanced
AreaSunset Strip - Hollywood Hills West (C03)
Lot Size Area125661
Source Lot Size AreaOther
LISTING UPDATED: 11/07/2024 05:22 PM
Property Details for 2027 North Highland Avenue
Status | Active |
---|---|
MLS # | 24-433375 |
Days on Market | 75 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1920 |
Lot Size | 2.88 AC / 125,661 SF |
County | Los Angeles County |
Building Information for 2027 North Highland Avenue
Stories2Year Built1920Building Size-Lot Size2.88 AC / 125,661 SF
Property Information for 2027 North Highland Avenue
Property History for 2027 North Highland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2027 North Highland Avenue
Taxable ValueLand$6,288,464Additions$382,774Total$6,671,238
Tax Record2024$82,728 ($6,894 / month)
Home Facts
Total Finished SqFt6,029 SqFtAbove Grade Finished SqFt6,029 SqFtStories1Lot Size111,456 SqFtStyleSchoolYear Built1920ZoningLAR2CountyLOS ANGELESAPN5549-030-001
Schools near 2027 North Highland Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
Larchmont Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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