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$2,995,000
New Listing

8494 Cole Crest Drive
Los Angeles, CA 90046

For Sale|Single Family Residence|Active
6
Beds
6
Total Baths
6
Full Baths
4,074
SqFt
$735
/SqFt
1938
Built
County:
Los Angeles
Listed by Richard Schulman of KW Westside Estates [email protected]

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8494 Cole Crest Drive8494 Cole Crest Drive8494 Cole Crest Drive8494 Cole Crest Drive
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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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Listing Snapshot
Price 
$2,995,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
4,074 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
1.3743 Acres
Year Built 
1938
MLS® Number 
26673889
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Acres 
1.3743
Levels 
One
Number Of Stories 
1
Parking 
NoneOn Street
Property Sub Type 
Single Family Residence
Special Circumstances 
Standard
SqFt Total 
4074
Style 
Contemporary
Zoning 
LAR1
Interior Features
Appliances 
DishwasherRefrigerator
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living Room
Flooring 
Wood
Furnished 
Unfurnished
Heating 
Central
Interior 
Wet BarOpen Floorplan
Laundry Features 
Inside
Spa 
Yes
Kitchen 
Features - Granite Counters
Living Room 
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Exterior Features
Patio And Porch 
DeckWrap Around
Pool Features 
In Ground
Spa 
Yes
Spa Features 
Above Ground
View 
City Lights
Waterview 
City Lights
Community Features
MLS Area 
C03 - Sunset Strip - Hollywood Hills West


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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