Description
1015 N Croft Ave,
Los Angeles,
CA
90069
Welcome to an exceptional investment opportunity in the heart of West Hollywood. This offering presents three adjacent lots, each boasting a seven-unit building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Situated in one of Los Angeles' most desirable neighborhoods on Croft Avenue, these properties offer a remarkable canvas for investors and developers. With most units delivered vacant, buyers will have the flexibility and freedom carry out an extensive remodel or simply refresh the interiors. Also included with the sale are Ready-to-Issue (RTI) plans, streamlining the development process and generating returns sooner. RTI plans are for a 24-unit mid/full service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop decks for all residents to enjoy. These lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. Seize the chance to transform these three adjacent lots into a signature development that seamlessly blends modern aesthetics, convenient living, and urban sophistication. Whether you're an experienced developer seeking your next project or an investor looking to enter the dynamic West Hollywood market, these properties offer endless potential to shape a remarkable living experience.
This is an Active listing.
Broker Office Phone Number: 424-400-5900
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Listing By: The Agency via Data Source: TheMLSCLAW
Multi Family
Property type
Price History
date | price | variance | type |
---|
6/18/2024 | $4,650,000 | - | off market |
11/1/2023 | $4,650,000 | - | Listed |