6 bedroom house for sale
$6,995,000 - Los Angeles CA 90068Advertisement
Overview
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.Los Angeles CA 90068
6 bedroom house for sale
- Beds: 6
- Baths: 3
- Price: $6,995,000
- Reference No.: 75648627
- Area: 6,029 sqft
House Los Angeles
This House for sale is located at Los Angeles CA 90068. The home has 6 Bedroom and 3 Bathrooms. This 6 bedroom House in Los Angeles CA is for sale for $6,995,000 .
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2024-09-06, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-09-06, Viewed 0 times.
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