1999 N Sycamore Ave - Commercial LAND FOR SALE


Los Angeles, CA 90068 318,424 SF
$100,000,000 USD
323-603-5093
1999 N Sycamore Ave, Los Angeles, CA for Sale
$100,000,000 USD
Commercial LAND - FOR SALE
1/13
318,424 SF

1999 N Sycamore Ave
Los Angeles, CA 90068


HIGHLIGHTS

  • This private and secure 7.31-acre compound is located 600 feet above Hollywood, offering an unparalleled jet liner view of Los Angeles.
  • The temple villa at the peak of Hollywood Mountain was handcrafted in1914 with cedar and teak by hundreds of artisans.
  • The compound features various outbuildings, shrines, and temples, some of which are among the oldest structures in California.

OVERVIEW

Among the irreplaceable assets of the world, Hollywood Mountain is a 7.3-acre private promontory perched majestically above Los Angeles. Above it all, Hollywood Mountain offers breathtaking views encompassing the entirety of Los Angeles, from the Pacific Ocean to the Hollywood Sign. This panoramic sightline is widely acclaimed as the absolute best view offered by any property in the City of Angels. At Hollywood Mountain’s apex stands the 20,432 square-foot Japanese Temple Villa, adorned with Japanese gardens and an open-air courtyard, which is currently home to the world-famous Yamashiro restaurant. Its unique architecture hearkens back to its construction in 1914, boasting a history as rich and storied as Hollywood itself. As a haven for the industry elites of Hollywood’s Golden Age, the estate played host to legendary gatherings by the likes of Charlie Chaplin and Marilyn Monroe. The villa has since become a sought-after filming location, gracing the screens in over 100 Hollywood productions, including iconic scenes in Quentin Tarantino’s Kill Bill and Rob Marshall’s Memoirs of a Geisha. The story of the Hollywood Mountain is far from finished, presenting abundant opportunities for potential reinvention or expansion. The concentric terraced gardens surrounding the centerpiece villa offer extraordinary potential for new development, ranging from mixed-use spaces, single-family compound, resort or even art foundation gallery/museum space. Positioned with exceptionally convenient access to Hollywood, Beverly Hills, Downtown LA, and the beach cities, the Hollywood Mountain is at the geographic heart of Los Angeles. The Hollywood Mountain presents a rare opportunity to own both a piece of history and endless potential for the future.

FOR SALE DETAILS

PRICE

$100,000,000 USD

PRICE/ACRE

$13,679,873/AC

PRICE/SF

$314 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Hospitality, Apartment Units, Health Club, Hold for Development, Hold for Investment, Hotel, Lodge/MeetingHall, Movie/Radio/TV Studio, Office Park, Planned Unit Development, Restaurant, Single Family Development, Theater/Concert Hall, Single Family Residence

LAND ACRES

7.31 AC

LAND SF

318,424 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3–1D, R2–1XL

APN/PARCEL ID

5149-017-003,5149-017-013,5549-017-016

ASK ABOUT THIS PROPERTY

Christopher BonbrightAvison YoungMore Info
323-603-5093

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Christopher BonbrightAvison YoungMore Info
323-603-5093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.