#24467165, Joshua Altman, Listing Office: Douglas Elliman of California, Inc.
![The Oppenheim Group, Inc. MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
2027 N Highland Ave Los Angeles, CA 90068
Property details
About 2027 N Highland Ave
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.
Highlights
Summary
- MLS Number: 24433375
- MLS Name: CRMLS
- Office Name: The Oppenheim Group, Inc.
- Office Phone: (310) 990-6656
- Listing Agent: Catherine Agro
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/8/2025, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of property](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1082258017/2003603431580.jpg?version=1733568333&width=640)
$6,995,000
2027 N Highland Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 29, 2019 | Home Sold | $6,500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $6,671,238 | $82,728 |
2023 | $6,540,430 | $81,143 |
2022 | $6,412,187 | $77,451 |
2021 | $6,286,459 | $76,546 |
2020 | $6,222,000 | $154,544 |
2019 | $13,020,300 | $154,254 |
2018 | $12,765,000 | $31,213 |
2017 | $2,547,057 | $31,213 |
History based on county public records data.
Nearby schools
4
Gardner Street Elementary
Public District PK-5
0.9 mi
•7450 Hawthorn Ave
5
Cheremoya Avenue School
Public District PK-6
1.0 mi
•6017 Franklin Ave
10
Valley View Elementary
Public District KG-5
1.3 mi
•6921 Woodrow Wilson Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,510. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 2027 N Highland Ave
This home is located at 2027 N Highland Ave in Los Angeles, CA and zip code 90068 in the Central LA neighborhood. This 6,029 square foot home, which was built in 1920, sits on a 2.88 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $6,995,000.
In January 2025, from all listings sold in Los Angeles, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.