2027 N Highland Ave, Los Angeles, CA, 90068
About This Home
LUXURY PROPERTY AUCTION: 13-27 May. Accepting starting bids through 12 May. Starting bids expected at $3M+. Earn an incentive by 12 May. Romantic 1920s Tuscan style estate on two parcels in the historic Ocean View Tract, moments from the Hollywood Bowl and New Hollywood. Rumored ties to William Randolph Hearst. Gated compound designed by Dennis and Farwell with grounds by Paul J. Howard featuring trails, waterfalls, and fountains. Over 3,000 square foot main villa with terracotta roof, courtyard with fountain, Batchelder fireplace, formal dining room, library, guest suite, and upstairs primary. Additional 1,551 square foot guest house and separate 1928 one bedroom cottage. Former home of the Hollywood Art Center School with notable artistic history. Development potential to subdivide upper portion into five single family lots, some with Hollywood Sign views. Rare opportunity with character, privacy, and significant upside potential. (2025-2027 N Highland Ave 5549-030-001 & 5549-030-002)
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: Laundry Area
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Mixed
- Fireplace features: Family Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 6,029
- Total interior livable area: 6,029 sqft
Property
Details
- Parcel number: 5549030001
- Zoning: LAR2
- Special condition: Standard
Features
- Levels: Two
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights,Hills,Panoramic
Lot
- Lot size: 2.56 Acres
Parking
- Total spaces: 4
- Parking features: Other
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $19,214 | $230,568 |
| Home Insurance * | $943 | $11,316 |
| Property Taxes | $3,889 | $46,668 |
| Electricity | $1,292 | $15,514 |
| Total | $25,338 | $304,056 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-03-04 | Listing removed | $6,995,000 |
| 2024-09-03 | Listed for sale | $6,995,000 |
| 2023-08-08 | Listing removed | -- |
| 2023-03-28 | Pending sale | $5,995,000 |
| 2023-03-02 | Listed for sale | $5,995,000 |
| 2023-02-18 | Pending sale | $5,995,000 |
| 2023-02-10 | Price change | $5,995,000 |
| 2023-01-08 | Price change | $6,995,000 |
| 2022-10-01 | Listed for sale | $7,995,000 |
| 2022-08-07 | Pending sale | $7,995,000 |
| 2022-05-05 | Listed for sale | $7,995,000 |
| 2019-01-29 | Sold | $6,500,000 |
For Sale by Agent
View on Zillow