745 N Croft Avenue
Los Angeles, CA, 90069
$2,150,000
Beds
0 Baths
SqFt
0.15 Acres
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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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Parking Spots
2.00
Stories Total
2

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745 N Croft Avenue
Los Angeles, CA