745 N Croft Avenue

Los Angeles, CA 90069

PRICE REDUCED

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-$354,000 (-11.61%)

$2,695,000

List Price

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Property Description

HUGE PRICE REDUCTION FOR ONE OF THE BEST LOCATED PROPERTIES IN TOWN! Jonathan Taksa of Taksa Investment Group, part of RE/MAX Commercial & InvestmentRealty, is 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

List Price $2,695,000
Status Active
MLS 24424803
Type Land
Lot Size 6,502
Structure Size N/A
DOM 91
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Jonathan Taksa DRE#01366169

Interior Features

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Exterior Information

Maps

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 Dec 5th, 2024 at 3:47 AM 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.