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1999 N Sycamore Ave 7.31 Acres of Commercial Land Offered at $100,000,000 in Los Angeles, CA 90068
INVESTMENT 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 compound features various outbuildings, shrines, and temples, some of which are among the oldest structures in California.
- The temple villa at the peak of Hollywood Mountain was handcrafted in1914 with cedar and teak by hundreds of artisans.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $100,000,000 | Lot Size | 7.31 AC |
| Price Per AC | $13,679,890.56 |
| Price | $100,000,000 |
| Price Per AC | $13,679,890.56 |
| Lot Size | 7.31 AC |
This private and secure 7.31-acre compound is located 600 feet above Hollywood, now home to the world-famous Yamashiro restaurant.
DESCRIPTION
Unique in Los Angeles, Hollywood Mountain comprises an entire promontory. This unique topography not only provides unparalleled views, but an unrivaled sense of privacy and seclusion, above it all. The property is served by both private access roads and North Sycamore Avenue & Fitch Drive, which rarely receive through traffic. Hollywood Mountain lies at the eastern end of the Santa Monica Mountain range adjacent to the Cahuenga pass, with its peak rising over 600 feet above the Los Angeles basin. This exceptional geography provides stunning jet-liner views from the Pacific Ocean to the San Gabriel Mountains some forty miles east. Particularly to the south and southeast are unimpeded sight lines for dozens of miles and include views of Downtown Los Angeles, Century City, Beverly Hills and Santa Monica.
PROPERTY TAXES
| Parcel Number | 5549-017-016 | Improvements Assessment | $2,733,000 |
| Land Assessment | $20,652,000 | Total Assessment | $23,385,000 |
PROPERTY TAXES
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1999 N Sycamore Ave
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