1908 Hillcrest, also known as The Highland Estates, is a rare Hollywood Hills multifamily offering that blends early 20th-century architectural charm with modern-day comfort and privacy. Located at the base of the Hollywood Hills on an expansive 16,874 SF lot, The Highland Estates is a gated Zen-like community that includes six units spread across three restored Craftsman and Victorian duplex bungalows.

For Los Angeles multifamily investors, 1908 Hillcrest represents a unique opportunity. Each bungalow at The Highland Estates has been meticulously preserved to reflect the artistry of Los Angeles' Golden Era Collection. The combination of historic character, modern amenities, and resort-like setting positions 1908 Hillcrest as a distinctive Los Angeles multifamily asset.

Architectural Character and Historic Preservation

The Highland Estates stands out for its distinctive Craftsman and Victorian design. Originally constructed between 1912 and 1915, each unit at 1908 Hillcrest retains its original character with hardwood floors, ornate moldings, cathedral-style windows, exposed beams, decorative ceilings, and period fireplaces.

1908 Hillcrest has been renovated with care, balancing historic preservation with modern utility. Upgrades include central air and heat, in-unit washer/dryers, and updated kitchens with contemporary appliances. This approach at The Highland Estates creates a fully stabilized Los Angeles multifamily asset that delivers both lifestyle and long-term investment value.

Unit Mix and Layout

The Highland Estates comprises six units spread across three duplex bungalows. Each bungalow at 1908 Hillcrest opens to a lushly landscaped courtyard surrounded by tropical greenery, tall mature trees, and manicured garden pathways. The duplex configuration provides each unit with a sense of individual ownership and privacy.

For Los Angeles multifamily investors, the unit layout at 1908 Hillcrest is a significant competitive advantage. The maisonette-style configuration and private courtyard access appeal to tenants seeking authentic urban living with residential character. This positioning supports premium rental rates and tenant retention.

Outdoor Spaces and Amenities

One of the defining characteristics of 1908 Hillcrest is the integration of outdoor living. The Highland Estates features a lushly landscaped courtyard with tropical greenery, tall mature trees, and manicured garden pathways. Shared amenities include a large wooden deck, cold shower, and sauna, evoking a resort-like atmosphere rarely found in urban multifamily settings.

The outdoor amenity package at The Highland Estates creates an unparalleled living experience. For Los Angeles multifamily investors, this resort-like setting supports both tenant satisfaction and rental rate stability. The sauna and cold shower amenities are particularly distinctive and appeal to health-conscious tenants.

Modern Upgrades and Operational Stability

All six units at 1908 Hillcrest have been renovated with care, balancing historic preservation with modern utility. Each unit at The Highland Estates includes central air and heat, in-unit washer/dryers, and updated kitchens with contemporary appliances. For Los Angeles multifamily investors, the modern infrastructure at 1908 Hillcrest reduces near-term capital expenditure risk. The combination of historic character and modern systems creates operational stability while maintaining the property's distinctive appeal.

Location and Market Context

1908 Hillcrest is situated just moments from the heart of Hollywood. The Highland Estates offers a highly walkable location with access to studios, restaurants, and nightlife, all while maintaining the peace and privacy of a hillside retreat.

For Los Angeles multifamily investors, the location of 1908 Hillcrest offers both current appeal and long-term appreciation potential. The proximity to Hollywood employment centers and entertainment amenities supports consistent tenant demand. The hillside setting provides a retreat-like quality that appeals to tenants seeking escape from urban intensity.

Conclusion

1908 Hillcrest, known as The Highland Estates, represents a trophy Los Angeles multifamily opportunity in one of Hollywood Hills' most prestigious neighborhoods. The combination of six units, Craftsman and Victorian architecture, resort-like amenities, modern infrastructure, and strong market positioning makes The Highland Estates attractive for investors seeking a boutique, character-rich property.

For investors seeking a boutique, character-rich property in one of the most sought-after rental pockets of LA, 1908 Hillcrest offers an unmatched opportunity to own a piece of Hollywood Hills multifamily history.

The Kenny Stevens Team has extensive experience with historic and trophy properties in the Hollywood Hills and can help you evaluate whether 1908 Hillcrest aligns with your investment strategy. Contact us to discuss the opportunity and explore how The Highland Estates fits your Los Angeles multifamily investment goals.