8494 Cole Crest DR, Los Angeles, CA 90046
8494 Cole Crest DR, Los Angeles, CA 90046
8494 Cole Crest DR, Los Angeles, CA 90046
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$2,995,000
Est. payment /mo
6 Beds
6 Baths
4,074 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,074 sqft

Price per Sqft $735

MLS Listing ID 26673889

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1938

Lot Size 1.374 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LAR1

Interior

Interior Features Wet Bar, Open Floorplan

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Refrigerator

Laundry Inside

Exterior

Parking Features None, On Street, Uncovered

Pool In Ground

View Y/N Yes

View City Lights

Porch Deck, Wrap Around

Building

Story 1

Entry Level One

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5556016051

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Richard Schulman KW Westside Estates #01427211

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Newport Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8494 Cole Crest DR

QUICK SEARCH
VIEW MORE