745 Croft Avenue, Los Angeles, CA 90069
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- MLS#: 25493613 ( )
- Street Address: 745 Croft Avenue
- Viewed: 1
- Price: $2,495,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1926
- Bldg sqft: 0
- Days On Market: 31
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90069
- Provided by: Remax Commercial and Investment Realty
- Contact: Jonathan Jonathan
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DescriptionWe 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 a range of attractive redevelopment options in the thriving West Hollywood adjacent market.
Property Location and Similar Properties
Features
Building Area Total
- 2852.00
Cooling
- None
Country
- US
Heating
- None
Levels
- One
Netoperatingincome
- 0.00
Parcel Number
- 5528001024
Parking Features
- None
Postalcodeplus4
- 5303
Sourcesystemkey
- 25493613:CLAW
Totalexpenses
- 0.00
Year Built
- 1926
Zoning
- LAR3