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.