Alta Realty Group Ca, Inc
Tom Fecske, Alta Realty Group Ca, IncPhone: (213) 219-9098
Email: tom.altarealty@gmail.com
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listing
1 of 36
Single FamilyFor Sale
$6,995,000
2027 N Highland Avenue
Los Angeles, CA 90068
Listed by Catherine Agro DRE#02117995 catherineagro@ogroup.com The Oppenheim Group, Inc.
MLS: California Regional MLS (CRMLS)
6Beds
3Baths
6,029Sq Ft
Est. Mortgage
$36,207/mo

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.

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Information courtesy of The Oppenheim Group, Inc. is subject to verification and is not guaranteed.
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