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8718 Crescent Dr, Los Angeles, CA 90046
Open 6/23 2pm-5pm
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8718 Crescent Dr Los Angeles, CA 90046

$1,199,000
  • 2 Beds
  • 1 Baths
  • 910 Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified
Map preview of 8718 Crescent Dr, Los Angeles, CA 90046

Property Overview: 8718 Crescent Dr Los Angeles, CA has 2 bedrooms, 1 bathrooms, 910 living square feet and 8,268 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing a unique Development/Fixer opportunity to acquire two side-by-side parcels totaling 17,856 SF of land in the coveted & charming Laurel Canyon community and Wonderland School District. As a bonus, this fantastic property comes with a 910 SF, 2 Bed/ 1 Bath home sitting on 3,000 SF of flat lot with winding brick walkways, a massive outdoor terrace and a charming apiary. The lucky buyer will love the serenity that this private, dead-end street offers while enjoying the beautiful panoramic views of the canyon below from your newly-built estate home. The possibilities are endless with this sprawling acreage! Opportunities to enjoy this level of privacy and seclusion in such close proximity to the Sunset Strip and the best of Hollywood are rare.

Listed by Ali Safavi | BRE #02112648 | Ashby & Graff
Last checked: 3 minutes ago | Last updated: June 23rd, 2024 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
8,268
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24386581
City
Los Angeles
County
Los Angeles
Time on Site
52 days

Open Houses for 8718 Crescent Dr

Sunday, Jun 23rd: 2:00pm-5:00pm
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Property Details for 8718 Crescent Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
Property Information
  • Has View
  • View: Canyon
  • Parcel Number: 5563017026
  • Architectural Style: Cottage
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Close proximity to the Sunset Strip and the best of Hollywood.
View more facts & features

Local Los Angeles Agent

Sale History for 8718 Crescent Dr

View property's historical transactions

  • May, 2024

  • May 1, 2024

    Date

    Active

    CRMLS: 24386581

    $1,299,000

    Price

  • March, 2024

  • Mar 20, 2024

    Date

    Expired

    CRMLS: 23253497

    $1,295,000

    Price

  • Mar 22, 2023

    Date

    Active

    CRMLS: 23253497

    $1,425,000

    Price

  • Listing provided courtesy of CRMLS

    Best fixer opportunity on the market! Serene whisper quiet, rare opportunity in the Hollywood Hills! DEVELOPER ALERT: Two side by side parcels (APN: 5563-017-027 & APN: 5563-017-026) included in this sale totaling approximately 17,856 sqft of land with an existing house. Centrally located in Hollywood Hills with easy access to Sunset Strip, 101 Freeway, and just minutes to Universal Studios, Hollywood Bowl and many restaurants and shops nearby. This is an incredible opportunity to bring your vision to life and build something amazing with sweeping canyon views and the Hollywood sign in the distance. Please check with the City of Los Angeles Building and Safety for specific questions and details. Take a look at this incredible price! The reason it's so attractive is because the owner has decided to sell by this Saturday!

  • March, 2023

  • Mar 17, 2023

    Date

    Expired

    CRMLS: 22146355

    $1,200,000

    Price

  • Apr 14, 2022

    Date

    Active

    CRMLS: 22146355

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    An exciting and rare Fixer/Upper opportunity to acquire two side-by-side, up-sloping parcels totaling 17,856 SF of land perched uphill in the highly coveted & charming Laurel Canyon community and Wonderland School District. The property currently features a quaint 910 SF, 3 Bed / 1 Bath home sitting on approx. 3,000 SF of flat lot with winding brick walkways, a massive outdoor terrace and a charming, operating apiary. Enjoy the blissfully quiet and peaceful sounds of nature on the private, dead-end street and take in panoramic views of the canyon below from your newly-built dream home. Buyer should take full advantage of utilizing the sprawling acreage to potentially build a gated compound with luxury amenities such as guest house, multiple patios and decks, recreational area and a dream garden. Homeowners will enjoy a great sense of seclusion whilst also being in such close proximity to the Sunset Strip and the best of Hollywood. One of the best priced, massive properties in the area, these lots have huge upside and unlimited potential.

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Tax History for 8718 Crescent Dr

Assessed Value (2020): $372,503
Year Land Value Improved Value Assessed Value
2020 $253,626 $118,877 $372,503

Home Value Compared to the Market

This property vs the competition

8718 Crescent Dr is listed 4% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $779 and this home is listed at $1317.58 per/sqft which puts the price per square foot 69.14% higher than the median price per square foot for the city of Los Angeles.

About 8718 Crescent Dr

Detailed summary of property

8718 Crescent Dr is a single family home located in Los Angeles, CA 90046 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly 910 living square feet, and sits on an approximately 8,268 square foot lot. 8718 Crescent Dr was first listed on ArdentRealEstateGroup.com on May 1, 2024. The homeowner is currently asking $1,199,000 and was originally asking $1,299,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $779. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4% lower than the median priced home. Local competing homes currently for sale include 928 N Croft Ave #203, 8380 Waring Ave #305 and 728 N Sweetzer Ave #117. While the average home in Los Angeles, CA is selling in 98 days, 8718 Crescent Dr has a days on market of 51 days. There are currently 3964 homes for sale in the Los Angeles real estate market and 2670 of them are single family homes while 1181 of them are condos and 106 are townhomes. For more information on this home for sale at 8718 Crescent Dr Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8718 Crescent Dr

Public county record property details
Beds
2
Baths
1
Year built
1936
Sq. Ft.
910
Lot Size
8,265
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
806-808
APN
5563-017-026

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,000,000
Median List Price/Sq.Ft.
$905
Median Sold Price
$1,713,000
Median Sold Price/Sq.Ft.
$1,000
Total Inventory
250
Median Sale to List Price %
95.22%
Avg Days on Market
45
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (11.54%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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