We are pleased to present 1016 N Crescent Heights Blvd., West Hollywood, a rare 8-unit multifamily investment opportunity in one of Los Angeles’ most prestigious rental markets. The property features an ideal unit mix of all two-bedroom, two-bathroom apartments, providing exceptional tenant appeal and strong rent growth potential. Six of the eight units will be delivered vacant at closing, giving investors the immediate ability to renovate and capture top-of-market rents in a high-demand submarket with historically low vacancy rates.
Positioned in a highly walkable neighborhood surrounded by premier dining, shopping, nightlife, and entertainment, the property benefits from consistently strong rental demand. Each unit is separately metered, minimizing operating expenses, and the building’s clean exterior and well-maintained condition enhance its curb appeal. Opportunities to acquire a property of this caliber with such significant value-add potential in West Hollywood are exceedingly rare, making 1016 N Crescent Heights Blvd. an outstanding choice for investors seeking both immediate income growth and long-term appreciation. Trophy property!
Positioned in a highly walkable neighborhood surrounded by premier dining, shopping, nightlife, and entertainment, the property benefits from consistently strong rental demand. Each unit is separately metered, minimizing operating expenses, and the building’s clean exterior and well-maintained condition enhance its curb appeal. Opportunities to acquire a property of this caliber with such significant value-add potential in West Hollywood are exceedingly rare, making 1016 N Crescent Heights Blvd. an outstanding choice for investors seeking both immediate income growth and long-term appreciation. Trophy property!
Property Details
Price:
$2,600,000
MLS #:
SR25183943
Status:
Active
Baths:
0
Address:
1016 N Crescent Heights Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c10westhollywoodvicinity
City:
Los Angeles
Listed Date:
Aug 12, 2025
State:
CA
ZIP:
90046
Lot Size:
6,550 sqft / 0.15 acres (approx)
Year Built:
1960
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Schools
Interior
Exterior
Community Features
Street Lights
Garage Spaces
0.00
Lot Features
Walkstreet, Yard
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Map
Community
- Address1016 N Crescent Heights Boulevard Los Angeles CA
- AreaC10 – West Hollywood Vicinity
- CityLos Angeles
- CountyLos Angeles
- Zip Code90046
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1016 N Crescent Heights Boulevard
Los Angeles, CA
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