8494 Cole Crest Drive, Los Angeles, CA 90046
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8494 Cole Crest Drive,Los Angeles, CA 90046
$2,995,000
- 6 Beds
- 6 Baths
- 4,074 sq. ft.
- Single family
- Active
Listed by: richard schulman, fredrique hoffman
Office: kw westside estates
MLS#:CL26673889
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$735.15
About this home
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....
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Home facts
- Year built:1938
- Listing ID #:CL26673889
- Added:1 day(s) ago
- Updated:April 09, 2026 at 01:38 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Wood
- Kitchen Description:Dishwasher, Refrigerator
- Living area:4,074 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1938
- Building area:4,074 sq. ft.
- Lot area:1.37 Acres
- Architectural Style:Contemporary, Single Family Residence
- Levels:1 Story, 1 Story
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$735.15
Features and amenities
- Appliances:Dishwasher, Refrigerator
- Laundry features:Inside
- Pool features:Above Ground, In Ground
Parking
- Parking description:On Street
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