$2,495,000
For Sale

745 N Croft Avenue

Los Angeles, CA 90069
2852 sqft | 4 beds | 0.15 acres | #25493613
Listing OfficeRemax Commercial and Investment Realty
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

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
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$2,495,000
      • MLS #25493613
      • MLS #25493613
      • Cost2495000
      • Acres0.1493
      • Square Feet2852
      • Year Built1926
      • Bedrooms4
      • Stories2

Location

Gary ElminoufiReal Estate Group

Interested in Purchasing 745 N Croft Avenue?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 90069