745 N Croft Ave Active

Los Angeles,CA 90069

$ 2395000

4 Beds

2 Baths

2852 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,852 sqft

Price per Sqft $839

MLS Listing ID 25493613

Bedrooms 4

Year Built 1926

Lot Size 6,502 Sqft

Acres 0.1493

Property Sub-Type Multi-Family

Property Description

JUST REDUCED!!! 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.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 2.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

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