INCREDIBLE NEW PRICING STEPS TO MELROSE PLACE. BEST PRICED DEVELOPMENT AND/OR DUPLEX INVESTMENT IN SUCH A PRESTIGIOUS AREA. We are pleased to present a prestigious development opportunity located in a premier area of the Westside. 745 N Croft Avenue is a VACANT duplex which boasts close proximity to Melrose Place, known for its high-end retail and incredible dining establishments. Favorably zoned (Q)R3-1, the site allows for a range of uses utilizing California’s recently adopted new housing laws intended to ease multifamily development including reduced parking requirements and allowance of accessory dwelling units (ADUs) on certain sites. Eligible for Tier 2TOIA (Transit Oriented Incentive Area) with the potential to construct up to 18 units utilizing the CHIP (Citywide Housing Incentive Program), this exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving West Hollywood adjacent market.
Property Details
Price:
$2,150,000
MLS #:
25493613
Status:
Pending
Baths:
0
Address:
745 N Croft Avenue
Type:
Residential Income
Neighborhood:
c10westhollywoodvicinity
City:
Los Angeles
Listed Date:
Feb 3, 2025
State:
CA
ZIP:
90069
Lot Size:
6,502 sqft / 0.15 acres (approx)
Year Built:
1926
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
None
Parking Spots
2.00
Financial
Map
Community
- Address745 N Croft Avenue Los Angeles CA
- AreaC10 – West Hollywood Vicinity
- CityLos Angeles
- CountyLos Angeles
- Zip Code90069
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Courtesy of Remax Commercial and Investment Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.745 N Croft Avenue
Los Angeles, CA
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