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8718 Crescent Dr, Los Angeles, CA 90046

Sale Price: $940,000
Apr 15, 2025910 sqft2 beds1 baths
Listed by: Sandy Yousif
License #: 02202455
Phone #: 310-371-6330
Century 21 Union Realty
Source:
CRMLS Logo
MLS #: SB25082609

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,478

TurboHome Estimated Value

$1,057,600

$1,162 sqft

High Valuation
$1,110,480
$1220/sqft
Normal Valuation
$1,057,600
$1162/sqft
Low Valuation
$1,004,720
$1104/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1162/sqft$1,057,600

Neighborhood: Hollywood Hills

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Comparative Value

$940K

$1.09M

$1.15M

$1.27M

$1.28M

8718 Crescent Dr, Los Angeles, CA 90046

Sale Price: $940,000

Selected Comparable

8403 Ridpath Dr, Los Angeles, CA 90046

Sale Price: $1,090,000

Selected Comparable

8718 Crescent Dr, Los Angeles, CA 90046

List Price: $1,150,000

Subject Property

8804 Wonderland Ave, Los Angeles, CA 90046

Sale Price: $1,155,000

Selected Comparable

8750 Skyline Dr, Los Angeles, CA 90046

Sale Price: $1,275,000

Selected Comparable

8700 Crescent Dr, Los Angeles, CA 90046

Sale Price: $1,281,250

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
8718 Crescent Dr, Los Angeles, CA 90046

8718 Crescent Dr, Los Angeles, CA 90046

List: $1,150,000

Listed: 4/15/2025

Area:910 sqft
Price/sqft:$1,264
Beds:2
Baths:1
Year Built:
Lot Size:17,856

Comparable Properties

COMPARABLE
Choose comps
8718 Crescent Dr, Los Angeles, CA 90046

8718 Crescent Dr, Los Angeles, CA 90046

Sale: $940,000

7/21/20250.00 mi

Area:910 sqft
Price/sqft:$1,033
Beds:2
Baths:1
Year Built:
Weight:25.0%
8700 Crescent Dr, Los Angeles, CA 90046

8700 Crescent Dr, Los Angeles, CA 90046

Sale: $1,281,250

7/30/20250.04 mi

Area:855 sqft
Price/sqft:$1,499
Beds:2
Baths:2
Year Built:
Weight:21.5%
8403 Ridpath Dr, Los Angeles, CA 90046

8403 Ridpath Dr, Los Angeles, CA 90046

Sale: $1,090,000

4/29/20250.62 mi

Area:907 sqft
Price/sqft:$1,202
Beds:2
Baths:2
Year Built:
Weight:19.6%
8750 Skyline Dr, Los Angeles, CA 90046

8750 Skyline Dr, Los Angeles, CA 90046

Sale: $1,275,000

8/19/20240.35 mi

Area:1,000 sqft
Price/sqft:$1,275
Beds:2
Baths:2
Year Built:
Weight:17.2%
8804 Wonderland Ave, Los Angeles, CA 90046

8804 Wonderland Ave, Los Angeles, CA 90046

Sale: $1,155,000

10/16/20240.17 mi

Area:1,069 sqft
Price/sqft:$1,080
Beds:2
Baths:2
Year Built:
Weight:16.8%

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