28
See all 28 photos
$2,395,000
Est. payment /mo
6,503 Sqft Lot
Price Dropped by $100K
745 N Croft AVE Los Angeles, CA 90069
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25493635
HOA Y/N No
Lot Size 6,503 Sqft
Property Description
PRICE REDUCED!!! 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
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5528001024
Special Listing Condition Standard
Listed by Jonathan Taksa • Remax Commercial and Investment Realty