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$ 1,900,000
$ 2,150,000 11.6%
Est. payment /mo
Sold on 08/26/2025
745 N Croft AVE Los Angeles, CA 90069
UPDATED:
Key Details
Sold Price $1,900,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25493635
Property Description
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 arange of attractive redevelopment options in the thriving West Hollywood adjacent market.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning LAR3
Exterior
View Y/N No
View None
Building
New Construction No
Others
Special Listing Condition Standard
Listed by Jonathan Taksa Remax Commercial and Investment Realty
Bought with Jonathan Taksa Remax Commercial and Investment Realty
Bought with Jonathan Taksa Remax Commercial and Investment Realty