$6,300,000
●
House -
Off Market
2425 MOUNT OLYMPUS Drive
Los Angeles, CA 90046
4 Beds
4 Baths
7,062 Ft²
$10,731,744
RealtyHop Estimate
49.05%
Since Jun 1, 2018
CA-Los Angeles
Primary Model
About This Property
An extraordinary opportunity to acquire two parcels on over six
acres sited behind a gated entrance with complete privacy, a
dramatic approach and explosive views of the city and surrounding
canyon. The Mount Olympus community offers a central location
minutes from Laurel Canyon which serves as the main artery between
the Sunset Strip and Studio City. Wide streets, underground
utilities and excellent ingress/egress are just a few of the
elements that have served as a catalyst for the renaissance that is
taking place in this area of the Hollywood Hills. An end user
looking for a mega private compound could build a single sprawling
estate w/guest houses & accessory buildings at an acquisition price
not seen elsewhere in the hills for a property of this scale and
pedigree. Developers can build two estate residences totaling
20,000 sf each.
Unit Size
7,062 Ft²
Days on Market
209 days
Land Size
6.08 acres
Price per sqft
$1,020
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CLAW #17279122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2025 | Listed | $11,995,000 | |
| Listed | |||
| | |||
|
Unparalleled Development Opportunity for the Hollywood Hills' Largest Lot... Perched atop Mount Olympus in a prestigious cul-de-sac, this extraordinary 6.5-acre estate offers unmatched 360-degree views of the city skyline, Pacific Ocean, and surrounding canyons. Behind private gated access, a 270-foot driveway leads to the main residence, ensuring absolute privacy and exclusivity. With two separate APNs (#5565-020-030 & #5565-020-034), this rare offering allows for the creation of two world-class estates or one large estate without the need for subdivision perfect for a luxury compound or guest residence. The expansive land presents limitless possibilities, including resort-style pools, lush gardens, sports courts, a private wellness retreat. This is a once-in-a-lifetime opportunity to develop one of Los Angeles' most exclusive luxury properties in the highly coveted Hollywood Hills. Opportunities like this will not come again.
| |||
| May 25, 2019 | No longer available | - | |
| No longer available | |||
| Apr 2, 2019 | No longer available | - | |
| No longer available | |||
| Dec 28, 2018 | Listed by Keller Williams - Chino Hills | $8,880,000 | |
| Listed by Keller Williams - Chino Hills | |||
| | |||
|
An Unique opportunity for LUXURY Developing at the very top of Hollywood Hills, to either "Flip" the existing and build a super private compound or just tear down and Develop up to 4 Luxury estates of 15,000 Sq Ft each a Cul de Sac at the end/peak of Mount Olympus Dr (wide street all along from the bottom), offering a completely privacy behind gates, with incredible views of City and Canyon. Just over 6 acres which includes 2 parcels APN # 5565-020-030 for the main driveway and APN # 5565-020-034 for the remaining land. Only 7 minutes driving down to Chateau Marmont/Sunset Blvd. The manager has listed the unit size as 7062 square feet.
| |||
| May 7, 2018 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central LA
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Listed by: Benjamin Bacal, Rodeo Realty - Beverly Hills
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 17279122
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 17279122
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