1842 N Crescent Heights Boulevard, Los Angeles, California 90069, Los Angeles, 90069 - 4 bed, 3 bath
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Los Angeles, California 90069
Analysis of 1842 N Crescent Heights Boulevard, Los Angeles, California 90069 is currently available with a list price of $4,750,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property, built in 1983, is explicitly marketed as an 'ideal foundation for a remarkable transformation' with 'new construction possibilities exceeding 15,000 square feet,' indicating the existing structure is not the primary value. The images reveal a neglected exterior with a dilapidated wooden deck and an empty, unmaintained pool area. The absence of interior photos, combined with the listing's emphasis on redevelopment, strongly suggests the current home requires substantial repairs and rehabilitation to meet modern standards, or is a candidate for demolition, aligning with the 'poor' condition criteria.
The property offers sweeping, uninterrupted jetliner views stretching from Downtown Los Angeles to Catalina Island and the Pacific Ocean, a defining and highly desirable feature.
Comprised of three oversized, contiguous 1.2-acre parcels with a rare flat pad and gentle slope, allowing for new construction exceeding 15,000 square feet and multi-structure compounds.
Perched on a coveted private promontory in the ultra-exclusive 90069 zip code, offering significant privacy, prestige, and a once-in-a-generation opportunity.
The existing 1983 mid-century residence, while having 'exceptional bones,' is presented as an 'ideal foundation for transformation,' implying substantial investment and construction are necessary to realize the property's full potential as a 'legacy estate.'
The current list price, combined with the explicit need for extensive new construction (up to 15,000+ sq ft), requires a buyer with substantial capital and a willingness to undertake a large-scale development project.
While offering 'immediate livability,' the existing 2950 sq ft home may not meet the move-in ready expectations of a luxury buyer at this price point, making it more appealing to developers or those planning a complete rebuild.
An Unmatched Opportunity to Create a Legacy Estate with Sweeping Iconic Views in the Hollywood Hills. Perched atop one of the most coveted private promontories in Los Angeles, this extraordinary 1.2-acre offering comprised of three oversized, contiguous parcels presents a truly once-in-a-generation opportunity in the heart of the Hollywood Hills. Boasting over 233 feet of street frontage and uninterrupted jetliner views stretching from Downtown Los Angeles to Catalina Island and the Pacific Ocean, this property delivers a rare combination of scale, privacy, and world-class vistas. The site is currently an expansive single-story mid-century residence offering approximately 2950 square feet of living space. Walls of glass frame breathtaking views from nearly every room, while generous interiors, a large motor court, and a resort-style pool and spa provide immediate livability and timeless architectural appeal. Whether, reimagined, or expanded, the existing home offers exceptional bones and serves as an ideal foundation for a remarkable transformation. For developers and visionaries alike, the potential is extraordinary. New construction possibilities exceed 15,000 square feet, with a rare flat pad, gentle slope, and expansive lot dimensions allowing for endless configurations ranging from a singular architectural masterpiece to a multi-structure compound complete with guest residences, entertainment pavilion, wellness retreat, and more. The wide, sidewalk-lined street is fully paved and features underground power lines, ensuring unobstructed skyline views for generations to come. Within the ultra-exclusive 90069 zip code, only 25 properties offer lots of this magnitude and none combine this level of frontage, infrastructure, privacy, and panoramic exposure. With neighboring estates already rebuilt or extensively renovated, long-term value is firmly established, positioning this property as the undeniable crown jewel of the block. Just moments above the Sunset Strip yet worlds away from the energy below, this offering is more than land it's an opportunity to create an architectural legacy. Whether restoring mid-century elegance or crafting a bold new statement, the canvas is limitless, and the views are simply unforgettable.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 42% |
| Square foot | - | 2,521 | 2% |
| Lot Size | 52,865 | 7,299 | 97% |
| Price | $4.75M | $3.27M | 69% |
| Price per sq ft | $0 | $1.1K | 2% |
| Built year | 1983 | 1951 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 260 | 205 | 78% |
Feb 5, 2026
$4,750,000
$5,250,000
-10% Price Drop
Initial Listing
Nov 5, 2025
$5,250,000
$5,500,000
-5% Price Drop
Initial Listing
Sep 5, 2025
$5,500,000
$5,750,000
-4% Price Drop
Initial Listing
Aug 5, 2025
$5,750,000
Initial Listing