2453 Creston Way, Los Angeles, California 90068, Los Angeles, 90068 - 5 bed, 4 bath
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Los Angeles, California 90068
This Modern Hillside Development Project serves as a strategic Value-Add Asset with a List Price of $2,500,000, reflecting a fair entry point relative to its $2,456,611 Fair Market Value. Currently in an Unfinished Construction State, the property offers a significant head start with a completed foundation and framing already in place. Situated on a Rare Flat Lot within the Los Angeles Unified School District, the site commands Iconic Panoramic Views of the Hollywood Sign and DTLA. This project is a premier opportunity for Experienced Developers or Luxury End-Users to finish a custom architectural showpiece.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2453 Creston Way Subject | $2,500,000* List Price | 5 | 4 | 4,282 | $574 | - |
A 6245 Scenic Avenue Sold | $1,900,000 | 4 | 3 | 4,218 | $450 | 0.3 mi |
B 2882 Belden Drive Active | $2,749,000 List Price | 5 | 4 | 4,275 | $643 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is an unfinished construction project currently in the framing and foundation stage. As shown in the images, it lacks a kitchen, bathrooms, flooring, windows, and all essential mechanical systems. While it is a new 2023 build, it is currently uninhabitable and requires substantial work to reach a finished state.
The property boasts unobstructed, sweeping views of the Hollywood Sign, Griffith Observatory, and the Downtown Los Angeles skyline, providing a quintessential luxury hillside experience.
With city-approved permits, a completed foundation, and substantial framing already in place, this project offers a significant head start, saving the buyer years of planning and initial construction time.
Situated on a rare flat lot in the prestigious Hollywood Hills, the property provides a unique foundation for seamless indoor-outdoor living and more usable outdoor space than typical hillside builds.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4282, other record living area = 240.
As an active construction site, the property requires a buyer with the vision, significant additional capital, and management capacity to oversee the completion of the residence.
Due to its current state of construction, the property will likely not qualify for traditional residential financing, necessitating specialized construction loans or an all-cash purchase.
Perched on a rare flat lot in the prestigious Hollywood Hills, 2453 Creston Way presents an exceptional opportunity to bring a striking modern residence to life. With sweeping, unobstructed views stretching across Los Angeles—from the Hollywood Sign and Griffith Observatory to the glittering Downtown skyline—this property captures the essence of iconic city living. Designed with a seamless indoor-outdoor flow in mind, the thoughtfully planned layout embraces Southern California’s lifestyle, maximizing natural light, open space, and expansive entertaining areas. Construction is already well underway, with the foundation completed and substantial framing in place, along with city-approved permits—offering a head start for developers or end-users looking to finish a showpiece home. The plans call for a spacious five-bedroom, four-bathroom residence with contemporary architectural design and a stunning upper-level vantage point to take in the breathtaking scenery. A rare chance to create a custom dream home in one of LA’s most sought-after hillside locations.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 85% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 4,282 | 2,402.5 | 93% |
| Lot Size | 6,828 | 7,142 | 45% |
| Price | $2.50M | $2.00M | 69% |
| Price per sq ft | $584 | $887 | 12% |
| Built year | 2023 | 1949 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 196 | 1% |
Mar 26, 2026
$2,500,000
Initial Listing
Jun 1, 2022
$1,386,000
Public Record