2027 N Highland Ave
Los Angeles, CA 90068
2025/2027 N. Highland Ave · Land For Sale · 2.88 AC

This is a hidden gem -- a truly unique property. Almost 3 acres in size -- with its entry on N. Highland Ave just a few blocks south of the Hollywood Bowl and a few blocks north of the Hollywood & Highland complex -- it is a private oasis residential compound of nature and tranquility in the midst of all that Old and New Hollywood have to offer. The main residence is a 1920 mansion, allegedly built by William Randolph Hearst for his mistress, Marian Davies. She supposedly lived there but one year, after which it became the Hotel Nancy -- a residential home for young Hollywood starlets! In the 50's, LA artists Mona and Henry Lovins bought it and moved their Hollywood Arts Center School to the Guest House and Carriage House where they taught aspiring artists design, drawing, painting and sculpture up until 1999. The current owner rescued the property and did major restoration work to the structures and grounds. Preliminary investigations have indicated that there is potential for limited development on these two lots. The smallest parcel (approximately 1/3 acre) runs the full width of the property and is immediately west of the tree line behind the commercial strip on Highland that includes the Best Western Hotel and the Hilton Inn. That parcel is zoned R-4 and indications are that a max of 35 units could be built on it. The remaining much larger parcel (approx 2.6 acres) runs west from the R-4 parcel across the slope where the residences are sited and then continues up the steep hill all the way up to Glencoe Way where there is a gated exit from the nature path. At one time there was a residence -- much larger than the current 3300 sq ft mansion -- located 2/3rds of the way up the hill with an entrance off of Glencoe Way. Various development ideas have been suggested for this property including, contemporary single family private compound with guest house, pool, tennis court, parking structure; extended-care facility; religious institute; retreat/spa; boutique retreat "bungalow" style hospitality facility.