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… Read More 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. Read Less
Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 213-817-1000
Listing Snapshot
Days Online
175
Last Updated
Property Type
Other
Lot Size
0.15 Acres
MLS Number
25493635
30 Days Snapshot Of 90069
$3.85M
+87%
(avg) sold price
25
-34%
homes sold
106
+39%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.1493 acres, 6,502 square feet, Size: 6,502
Property
Zoning: LAR3, None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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