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2027 N Highland Avenue

Hollywood, CA 90068
  • $7,995,000
  • STATUS: Pending
  • ON SITE: 94 Days
  • ID#: P1-9365
Pending
UPDATED: 63 min ago
$7,995,000
  • 6
    BEDS
  • 2.55
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 6,000
    SQFT
  • $1,333
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Max Pellegrini of Dilbeck Real Estate ((626) 584-0101) and Jake Malloy of Dilbeck Real Estate(626-584-0101)


Description

Magnificent and Rare nearly 3-acre Historical Monument. Was this romantic 1920 estate once owned by William Randolph Hearst Sr as one of many settings for his actress mistress and her glamorous friends from Hollywood's Golden Age? There's no proof, only rumors but the property's outdoor amphitheater and 25-car parking could be a clue. Today, the two-parcel property, among the last original parts of Hollywood's early Ocean View Tract, is a developer's dream set moments from the Hollywood Bowl and the center of New Hollywood. This romantic Tuscan-style compound could be renovated to its original '20s glory as a wonderful wooded manor ideal for entertaining and enjoying nature. It also has the potential to be divided to create five lots for single family residences at the upper end of the property off Glencoe Way which would enjoy views of the Hollywood Sign. The gated estate was designed by Dennis & Farwell, one of the West Coast's most important architectural firms known for designing the Hollywood Hotel and the Magic Castle. With LA landscape architect Paul J. Howard's design, it created magical grounds with nature trails, waterfalls and fountains. In the 1940s, the property became home to the Hollywood Art Center School, LA's first independent art school. It's founders, artists Henry and Mona Lue Lovins, are considered pioneers of today's Southern California Art School and students and faculty participated in such high-profile projects as the animation of Disney's Fantasia (1940), the Tommy Trojan Statue at USC (1930), and the iconic memorial to Rudolph Valentino in De Longpre Park (1930). The estate's over 3,000 square foot main villa is highlighted by a terracotta tile roof and soaring wrought iron gates opening to a circular inner courtyard with fountain. The living room, highlighted by a Batchelder fireplace, opens to a private patio with a waterfall. A formal dining room and library complete the public spaces. There is a guest suite on this level, along with two bedrooms off the kitchen ideal for a maid's quarters. The primary suite is secluded on the second floor. Nearby is a charming 1,551 square foot guest house with living room, kitchen, bedroom and office. The third structure is a small 1928 house with one-bedroom, separate utilities, and which can easily be converted to a studio. This is a rare and incomparable opportunity to acquire one of Hollywood's most iconic locations, surrounded in natural beauty and steeped in history.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T08:24:31.44. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
www.twissrealty.com/homes/128401939
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2027 N Highland Avenue Hollywood, CA 90068

  • Price: $7,995,000
  • Status: Pending
  • On Site: 94 Days
  • Updated: 63 min ago
  • ID#: P1-9365
6
Beds
5
Baths
1
½ Baths
2.55
Acres
6,000
SQFT
$1,333
$/SQFT
1920
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
C03 - Sunset Strip - Hollywood Hills West
Property Description
Magnificent and Rare nearly 3-acre Historical Monument. Was this romantic 1920 estate once owned by William Randolph Hearst Sr as one of many settings for his actress mistress and her glamorous friends from Hollywood's Golden Age? There's no proof, only rumors but the property's outdoor amphitheater and 25-car parking could be a clue. Today, the two-parcel property, among the last original parts of Hollywood's early Ocean View Tract, is a developer's dream set moments from the Hollywood Bowl and the center of New Hollywood. This romantic Tuscan-style compound could be renovated to its original '20s glory as a wonderful wooded manor ideal for entertaining and enjoying nature. It also has the potential to be divided to create five lots for single family residences at the upper end of the property off Glencoe Way which would enjoy views of the Hollywood Sign. The gated estate was designed by Dennis & Farwell, one of the West Coast's most important architectural firms known for designing the Hollywood Hotel and the Magic Castle. With LA landscape architect Paul J. Howard's design, it created magical grounds with nature trails, waterfalls and fountains. In the 1940s, the property became home to the Hollywood Art Center School, LA's first independent art school. It's founders, artists Henry and Mona Lue Lovins, are considered pioneers of today's Southern California Art School and students and faculty participated in such high-profile projects as the animation of Disney's Fantasia (1940), the Tommy Trojan Statue at USC (1930), and the iconic memorial to Rudolph Valentino in De Longpre Park (1930). The estate's over 3,000 square foot main villa is highlighted by a terracotta tile roof and soaring wrought iron gates opening to a circular inner courtyard with fountain. The living room, highlighted by a Batchelder fireplace, opens to a private patio with a waterfall. A formal dining room and library complete the public spaces. There is a guest suite on this level, along with two bedrooms off the kitchen ideal for a maid's quarters. The primary suite is secluded on the second floor. Nearby is a charming 1,551 square foot guest house with living room, kitchen, bedroom and office. The third structure is a small 1928 house with one-bedroom, separate utilities, and which can easily be converted to a studio. This is a rare and incomparable opportunity to acquire one of Hollywood's most iconic locations, surrounded in natural beauty and steeped in history.
Exterior Features

Architectural Style Mediterranean Attached Garage YN No Construction Materials Stucco Fencing SecuritySee RemarksWrought Iron Lot Features Sprinkler System Parking Features DrivewayGarageGatedRv Access/ParkingShared Driveway Parking Total 2 Patio And Porch Features ConcreteSee Remarks Pool Features None Pool Private YN No Property Attached YN No Roof Tile Sign On Property YN No Spa Features None Spa YN No View Hills View YN Yes

Interior Features

Appliances Gas OvenRefrigeratorRange Hood Basement Utility Basement YN Yes Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features Bedroom On Main Level

Property Features

Association YN No Common Interest None Community Features Street LightsSidewalks Exclusions Outdoor StatuesOutdoor FurnitureInterior Furniture. Garage YN Yes Land Lease YN No Laundry Features InsideLaundry Closet Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Property Sub Type Single Family Residence Security Features Security SystemSecurity GateSmoke Detector(S)Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type HouseHotel/MotelTriplex Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T08:24:31.44. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
 
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5071-A Cole Road
Mariposa CA, 95338
Listing Agent(s): Max Pellegrini of Dilbeck Real Estate ((626) 584-0101) and Jake Malloy of Dilbeck Real Estate(626-584-0101)