1842 Crescent Heights

A Rare Opportunity to Develop a Landmark Estate with Iconic Views in the Hollywood Hills Set atop one of the most desirable private promontories in all of Los Angeles, this extraordinary 1.2-acre offering-comprised of three oversized contiguous lots-is a once-in-a-lifetime chance to craft an unparalleled estate in the Hollywood Hills. With over 233 feet of street frontage and unobstructed, jetliner views spanning from downtown Los Angeles to Catalina Island and the Pacific Ocean, this unique property represents limitless potential for transformative development or luxurious renovation. Currently, the property is home to an expansive, single-story mid-century residence that sits perched above the city below. The existing structure offers over 4,300 square feet of living space, featuring spacious interiors, walls of glass that capture breathtaking views from nearly every room, a large motor court, and a resort-style pool and spa. While the home is livable as-is and offers strong architectural bones, it also serves as a remarkable starting point for those looking to renovate or expand into a show-stopping compound. This is a developer's dream, with the potential for new construction exceeding 15,000 square feet. The lot's vast footprint, gentle slope, and flat pad allow for a range of configurations-from a sprawling modern compound to a multi-structure retreat with a main residence, guesthouses, entertainment pavilion, and more. The wide, well-paved street is lined with sidewalks and features rare underground power lines-ensuring your panoramic views remain unobstructed forever. Only 25 ultra-exclusive homes in the 90069 zip code sit on lots of this magnitude, and none offer this rare combination of privacy, scale, street width, infrastructure, and skyline exposure. Nearly all neighboring homes have undergone major renovations or full-scale rebuilds, securing long-term value and positioning this property as the crown jewel of the block. Located just minutes above the legendary Sunset Strip, yet offering complete seclusion and tranquility, this is more than just land or a home-it's a blank canvas for your architectural legacy. Whether you choose to preserve the mid-century charm with a modern makeover or start fresh with bold new construction, the possibilities are as endless as the views.