$1,150,000
UNDER CONTRACT

Estimated payment $6,523/month

Total Views 2,477
2 Beds
1 Bath
910 Sq Ft
$1,264 Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Canyon View
  • Living Room
  • Wonderland Avenue Elementary Rated A
  • No HOA
  • 1-Story Property

About This Home

Located in the heart of the coveted Laurel Canyon neighborhood, 8718 Crescent Drive offers a unique opportunity to develop in the coveted Hollywood Hills neighborhood. Built in 1936, this 910-square-foot residence is situated on an expansive 17,856-square-foot lot, providing ample space for potential development. Separated into 6 lots, take your pick on developing across all lots or splitting to build on each one. This sale includes two parcels (APN: 5563-017-027 & APN: 5563-017-026) totaling 17,856 sqft of land with an existing house. The property has a serene canyon view, enhancing its tranquil ambiance. The expansive lot presents numerous possibilities, whether you're looking to renovate the existing structure, build a new home, or explore other development opportunities. The property's location in the Wonderland School District adds to its appeal, offering access to quality education. Conveniently located near the Sunset Strip and the vibrant heart of Hollywood, this home provides easy access to a variety of dining, shopping, and entertainment options. The Laurel Canyon community is renowned for its rich history and artistic heritage, offering a unique living experience in Los Angeles. This property presents a rare opportunity to own a piece of Los Angeles history in a prime location. Whether you're an investor, developer, or homeowner seeking a project, 8718 Crescent Drive is a property worth considering.

Listing Agent

Sandy Yousif

Century 21 Union Realty Brokerage Phone: 424.254.9094 License #02202455 Listed on: 04/15/2025

Century 21 Union Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,030

Year Built

  • Built in 1936

Lot Details

  • 0.41 Acre Lot
  • Density is up to 1 Unit/Acre
  • 5563-017-027
  • Property is zoned LAR1

Property Views

  • Canyon
  • Hills

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 808
  • Tax Tract Number 1372
  • Assessor Parcel Number 5563017026

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,030

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5563017026
  • Year Built: 1936
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Living Area: 910.00 Square Feet
  • Stories: 1
  • Entry Location: Up the stairs off Crescent Drive
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1263.74
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Canyon, Hills
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 5563-017-027
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17856.00
  • Lot Size Acres: 0.4099

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17856.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1943.00
  • Tax Lot: 808
  • Tax Tract Number: 1372

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,030 $399,396 $271,937 $127,459
2023 $4,939 $391,565 $266,605 $124,960
2022 $4,743 $383,888 $261,378 $122,510
2021 $4,681 $376,361 $256,253 $120,108
2020 $4,657 $372,503 $253,626 $118,877
2019 $4,477 $365,200 $248,653 $116,547
2018 $4,451 $358,040 $243,778 $114,262
2016 $4,223 $344,139 $234,313 $109,826
2015 $4,162 $338,971 $230,794 $108,177
2014 $4,184 $332,332 $226,274 $106,058
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 For Sale $1,150,000 0.0% $1,264 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $1,150,000 -- $1,264 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $114,200 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25082609

California Regional Multiple Listing Service (CRMLS)

APN: 5563-017-026