2027 North Highland Avenue

Los Angeles, CA 90068

$6,995,000
Price
6
Beds
3
Baths
6,029 Sq. Ft.
$1,160 / Sq. Ft.
6,029
Sq. Ft.
$1,160
per Sq. Ft.

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.
  1. Listed by Catherine Agro • DRE #02117995 • Brokerage DRE #01863254 • The Oppenheim Group, Inc.
  2. Listed by Jason Oppenheim • DRE #01863254 • Brokerage DRE #01863254 • The Oppenheim Group, Inc.

Property Details for 2027 North Highland Avenue

Zoning
LAR2
Style
Villa
Parcel Number
5549030001
Living Area
6029
Source Living Area
Vendor Enhanced
Area
Sunset Strip - Hollywood Hills West (C03)
Lot Size Area
125661
Source Lot Size Area
Other
LISTING UPDATED: 11/07/2024 05:22 PM

Property Details for 2027 North Highland Avenue

StatusActive
MLS #24-433375
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size2.88 AC / 125,661 SF
CountyLos 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

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • View: Yes
  • View Description: City, City Lights, Hills, Green Belt, Tree Top, Trees/Woods, Valley
  • View: City Lights, Hills, Park/Greenbelt, Trees/Woods, Valley
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 2.9
  • Lot Size Square Feet: 125661
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Driveway, Gated, Other
  • Total Parking: 20
  • Covered Parking: 1
  • Parking Features: Garage - Single Door, Driveway, Gated
Interior Features
Interior Features
  • Room Type: Art Studio, Atrium, Primary Bathroom
  • Rooms: Art Studio, Powder, Study/Office, Garage Apartment, Atrium, Other, Master Bedroom
  • Levels: Multi/Split
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Ceramic Tile, Hardwood
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven
  • Common Walls: Detached/No Common Walls
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Shed(s), GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 09-03-2024

Property History for 2027 North Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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2027 North Highland Avenue is a single family home for sale in Los Angeles, CA 90068. This property was listed for sale on September 3, 2024 by The Oppenheim Group, Inc., it's currently listed at $6,995,000. It has been on the market for a total of 75 days and was last sold on January 29, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 2027 North Highland Avenue is a 6-bed, 3-bath, 6,029 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Oppenheim Group, Inc., Catherine Agro, DRE #02117995; The Oppenheim Group, Inc., Jason Oppenheim, DRE #01863254

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.