8494 Cole Crest

Los Angeles, CA, 90046

For Sale $2,995,000

6beds
6baths
4,074sqft
1.37acres

Shen Schulz (310) 980-8809shen@shenrealty.com

Private Hollywood Hills asset positioned on a rare 1.37-acre lot above Sunset Plaza, offering significant development and value-add potential with expansive jetliner views from Downtown Los Angeles to the Malibu coastline. With a pool and no rental restrictions, the property presents multiple pathways for investors and developers to reposition, expand, or reimagine the site.The existing improvements include a main residence with an open floor plan spanning kitchen, living, and dining areas, all oriented toward a wraparound deck with panoramic city-to-ocean views. A separate living area with its own kitchen and bathrooms provides flexibility for rental income, multi-unit use, or phased redevelopment. A detached casita near the pool and spa further enhances the property's adaptability for ADU use, creative space, or additional income stream.Set above the street and accessed by approximately 70 stairs, the site offers privacy and scale rarely found in this location. Ideal for developers exploring expansion, redevelopment, or luxury spec opportunities, as well as investors seeking strong long-term upside in a supply-constrained hillside market just moments from the Sunset Strip and Laurel Canyon.

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Listed by:

Richard Schulman with KW Westside Estates

(310) 482-2200

Fredrique Hoffman with KW Westside Estates

(310) 482-2200

8494 Cole Crest is a Residential Single Family Residence property located in Los Angeles, California, featuring a 1.374 acre lot, 4,074 sqft, 6 bedrooms, 6 full baths, MLS #26673889.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2026-04-08 20:36:48