8494 Cole Crest Drive, Los Angeles, CA 90046 (MLS # 26673889)

Price $2,995,000
Status Active
Beds 6
Baths 6 Baths
Home size 4,074 sqft
Lot Size 1.37 ac
Days on Market 2
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.
Property Type(s): Single Family
Last Updated 4/8/2026 Year Built 1938
Community C03 - Sunset Strip - Hollywood Hills West County Los Angeles

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Refrigerator
AREA C03 - Sunset Strip - Hollywood Hills West
FIREPLACE Yes
HEAT Central
INTERIOR Open Floorplan, Wet Bar
LOT 1.3743 acre(s)
LOT DIMENSIONS 59864
PARKING None, On Street
POOL DESCRIPTION In Ground
STORIES 1
STYLE Contemporary
VIEW Yes
VIEW DESCRIPTION City Lights

Location

 

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Listed with KW Westside Estates

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