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VACANT Duplex Steps to Melrose Place R3 Land 745 N Croft Ave

2 Unit Apartment Building $2,495,000 ($1,247,500/Unit) Los Angeles, CA 90069

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INVESTMENT HIGHLIGHTS

Ideally located in the heart of LA’s Westside just steps away from famed Melrose Place
Existing improvements consist of a VACANT duplex
Incredible location close to the Beverly Center, the Grove, the Sunset Strip, and the Hollywood Hills

Existing improvements consist of a VACANT duplex
Current rent/SF of rentals in the immediate area exceed $6.00

EXECUTIVE SUMMARY

One of the best streets in Los Angeles! 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.

PROPERTY FACTS

Price	$2,495,000	Apartment Style	Single Family Home
Price Per Unit	$1,247,500	Building Class	C
Sale Type	Investment	Lot Size	0.15 AC
Sale Conditions	High Vacancy Property Redevelopment Project	Building Size	2,852 SF
No. Units	2	Average Occupancy	0%
Property Type	Multifamily	No. Stories	1
Property Subtype	Apartment	Year Built	1928

Price	$2,495,000
Price Per Unit	$1,247,500
Sale Type	Investment
Sale Conditions	High Vacancy Property Redevelopment Project
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Single Family Home
Building Class	C
Lot Size	0.15 AC
Building Size	2,852 SF
Average Occupancy	0%
No. Stories	1
Year Built	1928

UNIT AMENITIES

Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
2+1	2	-	-

1 of 1

Walk Score®

Walker's Paradise (94)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

ZONING

Zoning Code	LAR3 (Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max))
LAR3 (Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max))