8494 Cole Crest Drive
Los Angeles, CA 90046
- Bedrooms
- 6
- Bathrooms
- 6
- Interior
- 4,074 sq ft
- Year Built
- 1938
About this residence
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.
Features & finishes
- WetBar,OpenFloorplan
Property details
- Status
- For Sale
- Property type
- Single-Family Home
- Price per sq ft
- $735/sq ft
- Days on market
- 8 days
- Year built
- 1938
- View
- CityLights
- Parking
- 0 spaces
- Furnished
- No
- Waterfront
- No
- MLS number
- 26673889
Location & neighborhood
8494 Cole Crest Drive, Los Angeles, CA 90046
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- Principal & interest$15,144
- Property taxes$4,542
- Insurance$1,248
- HOA / fees$0
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of KW Westside Estates · MLS 26673889. Information deemed reliable but not guaranteed; buyers should independently verify all details.
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