Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

2027 N Highland Avenue

Los Angeles, CA, 90068

1 / 3View all 3 photos

$7,450,000

MLS: 26672939

Beds

6

Baths

3

Sq Ft

6,029

Lot

2.56 ac

Year Built

1920

MLS #

26672939

Days on Market

13

Listed

Apr 2, 2026

Description

LUXURY PROPERTY AUCTION: 1-13 May. Accepting starting bids through 30 April. Starting bids expected between $3M-$5M. Earn an incentive by 30 April. Romantic 1920s Tuscan style estate on two parcels in the historic Ocean View Tract, moments from the Hollywood Bowl and New Hollywood. Rumored ties to William Randolph Hearst. Gated compound designed by Dennis and Farwell with grounds by Paul J. Howard featuring trails, waterfalls, and fountains. Over 3,000 square foot main villa with terracotta roof, courtyard with fountain, Batchelder fireplace, formal dining room, library, guest suite, and upstairs primary. Additional 1,551 square foot guest house and separate 1928 one bedroom cottage. Former home of the Hollywood Art Center School with notable artistic history. Development potential to subdivide upper portion into five single family lots, some with Hollywood Sign views. Rare opportunity with character, privacy, and significant upside potential. (2025-2027 N Highland Ave 5549-030-001 & 5549-030-002)

Location

Los Angeles, Los Angeles County, CA 90068

Open on Google Maps ↗

Listed by: Aaron Kirman · Christie's International Real Estate SoCal

Payment estimate

$52,051

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $745,000 · Loan: $6,705,000

%
Principal & Interest
$41,197
Property tax (1.25%)
$7,760
Homeowners insurance
$300
Mortgage insurance
$2,794
Open the full calculator →

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 $260,750 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.

Similar Homes Nearby

Active and pending listings in ZIP 90068 (Los Angeles) within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90068 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access