$5,500,000
$250K PRICE DROP

Estimated payment $30,180/month

Total Views 3,425
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • In Ground Pool
  • 1.21 Acre Lot
  • Wood Flooring
  • City Lights View
  • Contemporary Architecture
  • No HOA

About This Home

A Rare Opportunity to Develop a Landmark Estate with Iconic Views in the Hollywood Hills Set atop one of the most desirable private promontories in all of Los Angeles, this extraordinary 1.2-acre offering-comprised of three oversized contiguous lots-is a once-in-a-lifetime chance to craft an unparalleled estate in the Hollywood Hills. With over 233 feet of street frontage and unobstructed, jetliner views spanning from downtown Los Angeles to Catalina Island and the Pacific Ocean, this unique property represents limitless potential for transformative development or luxurious renovation. Currently, the property is home to an expansive, single-story mid-century residence that sits perched above the city below. The existing structure offers over 4,300 square feet of living space, featuring spacious interiors, walls of glass that capture breathtaking views from nearly every room, a large motor court, and a resort-style pool and spa. While the home is livable as-is and offers strong architectural bones, it also serves as a remarkable starting point for those looking to renovate or expand into a show-stopping compound. This is a developer's dream, with the potential for new construction exceeding 15,000 square feet. The lot's vast footprint, gentle slope, and flat pad allow for a range of configurations-from a sprawling modern compound to a multi-structure retreat with a main residence, guesthouses, entertainment pavilion, and more. The wide, well-paved street is lined with sidewalks and features rare underground power lines-ensuring your panoramic views remain unobstructed forever. Only 25 ultra-exclusive homes in the 90069 zip code sit on lots of this magnitude, and none offer this rare combination of privacy, scale, street width, infrastructure, and skyline exposure. Nearly all neighboring homes have undergone major renovations or full-scale rebuilds, securing long-term value and positioning this property as the crown jewel of the block. Located just minutes above the legendary Sunset Strip, yet offering complete seclusion and tranquility, this is more than just land or a home-it's a blank canvas for your architectural legacy. Whether you choose to preserve the mid-century charm with a modern makeover or start fresh with bold new construction, the possibilities are as endless as the views.

Listing Agent

Joey Parsi

The Agency License #02126421 Listed on: 08/14/2025

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,860

Year Built

  • Built in 1983

Lot Details

  • 1.21 Acre Lot
  • Value in Land
  • Tear Down
  • Property is zoned LARE9

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Den
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 3 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5556-006-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,860

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Lot Acreage: 1.2136
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Tear Down, Repairs Major, Repair Cosmetic, Fixer, Value Mainly In Land
  • Year Built: 1983
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Carpet
  • Appliances: Cooktop - Gas, Oven, Oven-Gas
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Family Kitchen, Family Room, Dining Area, Formal Dining Rm
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dryer, Dishwasher, Garbage Disposal, Refrigerator, Range/Oven

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5556-006-043
  • Lot Size Area: 52865

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,860 $852,034 $295,983 $556,051
2024 $10,860 $835,329 $290,180 $545,149
2023 $10,666 $818,951 $284,491 $534,460
2022 $10,225 $802,894 $278,913 $523,981
2021 $10,092 $787,152 $273,445 $513,707
2020 $10,118 $779,082 $270,642 $508,440
2019 $9,739 $763,807 $265,336 $498,471
2018 $9,550 $748,832 $260,134 $488,698
2016 $9,094 $719,756 $250,034 $469,722
2015 $8,967 $708,946 $246,279 $462,667
2014 $9,022 $695,059 $241,455 $453,604
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Price Changed $5,500,000 -4.3% --
08/05/2025 08/05/25 For Sale $5,750,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25571429

The MLS

APN: 5556-006-043