
Los Angeles, California 90068
This property presents a Strong Value Opportunity with a List Price of $2,350,000—positioned well below the $2,557,839 Fair Market Value by 8%. This valuation gap offers $207,839 in Instant Equity for buyers ready to complete this 4,282 sqft modern architectural project. Featuring panoramic views, a pool and spa, and resort-style outdoor living, the home is a Value-Add Asset ideal for Owner-Occupants or Investors seeking to finalize a high-end Hollywood Hills masterpiece.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2453 Creston Way Subject | $2,350,000* List Price | 5 | 4 | 4,282 | $597 | - |
A 2734 Hollyridge Drive Sold | $1,661,750 | 3 | 4 | 3,195 | $520 | 0.4 mi |
B 2746 Rinconia Drive Active Under Contract | $2,749,000 List Price | 4 | 4 | 4,291 | $641 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction project (Year Built 2026) featuring a modern architectural design. Based on the plans and renderings, the property will feature a chef's kitchen, luxury baths, and state-of-the-art systems, meeting the criteria for mint condition with no maintenance required.
The property offers breathtaking, unobstructed views of the Hollywood Sign, Griffith Observatory, Downtown LA, and the Pacific Ocean, providing a quintessential and highly valuable Los Angeles backdrop.
The active plans call for a sophisticated 4,282-square-foot modern residence featuring high-end amenities such as a theater, wine cellar, game room, and a resort-style pool and spa.
This project allows a buyer to bypass the lengthy entitlement phase while still retaining the ability to customize final finishes, materials, and interior aesthetics to their specific taste.
As a project requiring completion, the property is not move-in ready and carries the inherent risks, timelines, and management demands associated with hillside development.
The $2.35M list price covers the site and plans only; the buyer must be prepared for significant additional investment to fund the construction and high-end finishes envisioned in the architectural design.
A Rare Opportunity to Complete a Hollywood Hills Masterpiece: Set along a private road in the coveted Hollywood Hills, 2453 Creston Way offers the rare chance to take an ambitious architectural vision from plans to reality, creating a private, sophisticated retreat in the Hollywood Hills. With explosive views of the Hollywood sign, Griffith Observatory, DTLA, Century City, to the ocean, & Catalina Island. The existing, 'active' plans call for a 5-bedroom 4-bathroom, 3-story modern home, offering an exciting canvas for a new owner to finish & personalize a truly distinctive Los Angeles residence. The proposed residence has been thoughtfully designed around an expansive indoor-outdoor lifestyle, with generous living & dining spaces. Additionally, a study, chef's kitchen, & a luxurious primary suite with 2-walk-in closets. The lower level is envisioned as an entertainer's retreat, with a theater, wine cellar, game room, additional bedroom, bath, & lower living area. A 2-car garage adds convenience, while multiple patios & decks extend the living experience outdoors. The plans further call for a resort-inspired outdoor environment featuring a pool & spa, expansive patio areas, & a roof deck: creating the potential for a private setting designed for entertaining, relaxation, & enjoying the hillside surroundings, & spectacular views of the city lights at night! The exterior plans identify approximately 2,429 square feet of patio area. Landscaping plans incorporate drought-conscious plantings, decomposed granite, & hardscape/tile flooring, adding another layer of thoughtful design to the envisioned grounds. The existing plans provide an established vision & framework, while the final finishes, materials, interiors, & personal design choices offer the new owner the opportunity to shape the residence according to their own aesthetic & lifestyle.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,282 | 1,664.159 |
| Lot Size | 6,828 | 6,066.556 |
| Price | $2.35M | $1.35M |
| Price per sq ft | $549 | $806 |
| Built year | 2026 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Aug 27, 2026
$2,350,000
Initial Listing
Jun 1, 2022
$1,386,000
Public Record