ActiveSingleFamilyResidence

1842 N Crescent Heights Boulevard

Los Angeles, CA, 90069

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$4,750,000

MLS: 25571429

Beds

4

Baths

3

Sq Ft

2,920

Lot

1.21 ac

Year Built

1983

MLS #

25571429

Days on Market

175

Listed

Aug 14, 2025

Description

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.

Location

Los Angeles, Los Angeles County, CA 90069

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Listed by: Joey Parsi · The Agency

Payment estimate

$33,295

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $475,000 · Loan: $4,275,000

%
Principal & Interest
$26,266
Property tax (1.25%)
$4,948
Homeowners insurance
$300
Mortgage insurance
$1,781
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $166,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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