8494 Cole Crest Drive, Los Angeles, CA 90046
8494 Cole Crest Drive, Los Angeles, CA 90046
8494 Cole Crest Drive, Los Angeles, CA 90046
8494 Cole Crest Drive, Los Angeles, CA 90046
8494 Cole Crest Drive, Los Angeles, CA 90046
8494 Cole Crest Drive, Los Angeles, CA 90046
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$ 2,995,000
Est. payment | /mo

6 Beds

6 Baths

4,074 SqFt


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$ 2,995,000
Est. payment | /mo
Save

6 Beds

6 Baths

4,074 SqFt

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 CL26673889

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1938

Lot Size 1.374 Acres

Acres 1.3743

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

Zoning LAR1

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Refrigerator

Laundry Inside

Exterior

Exterior Feature Other

Pool Above Ground, In Ground

View Y/N true

View City Lights

Private Pool false

Building

Story 1

Architectural Style Contemporary

Level or Stories One Story

New Construction No

Others

Tax ID 5556016051

Bridge MLS
Listed by Richard Schulman • KW Westside Estates

Nearby Locations

Don Harms

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

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8494 Cole Crest Drive