745 N Croft Avenue
Los Angeles, CA 90069
$354,000.00 (-11.61%)
Active for $2,695,000
Beds: 4 Baths: 2 Structure Size: 2,852 sqft Lot Size: 6,502 sqft
MLS | 24424805 |
Year Built | 1926 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $2,695,000 |
Structure Size | 2,852 sqft |
Lot Size | 6,502 sqft |
Beds | 4 |
Baths | 2 |
Description
HUGE PRICE REDUCTION FOR ONE OF THE BEST LOCATED PROPERTIES IN TOWN! 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. Also zoned TOC 2, this exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving West Hollywood adjacent market.
Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty 424-672-8220. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.