Los Angeles, CA 90046,1016 N Crescent Heights BLVD
Los Angeles, CA 90046,1016 N Crescent Heights BLVD
Los Angeles, CA 90046,1016 N Crescent Heights BLVD
Los Angeles, CA 90046,1016 N Crescent Heights BLVD
Los Angeles, CA 90046,1016 N Crescent Heights BLVD
Los Angeles, CA 90046,1016 N Crescent Heights BLVD
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$2,600,000

$2,600,000

Est.Price: ?

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Est. payment /mo

6,551 Sqft Lot


SOLD DATE : 08/20/2025

Key Details

Sold Price $2,600,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR25183943

Sold Date 08/20/25

HOA Y/N No

Year Built 1960

Lot Size 6,551 Sqft

Property Sub-Type Apartment

Property Description

We are pleased to present 1016 N Crescent Heights Blvd., West Hollywood, a rare 8-unit multifamily investment opportunity in one of Los Angeles' most prestigious rental markets. The property features an ideal unit mix of all two-bedroom, two-bathroom apartments, providing exceptional tenant appeal and strong rent growth potential. Six of the eight units will be delivered vacant at closing, giving investors the immediate ability to renovate and capture top-of-market rents in a high-demand submarket with historically low vacancy rates.

Positioned in a highly walkable neighborhood surrounded by premier dining, shopping, nightlife, and entertainment, the property benefits from consistently strong rental demand. Each unit is separately metered, minimizing operating expenses, and the building's clean exterior and well-maintained condition enhance its curb appeal. Opportunities to acquire a property of this caliber with such significant value-add potential in West Hollywood are exceedingly rare, making 1016 N Crescent Heights Blvd. an outstanding choice for investors seeking both immediate income growth and long-term appreciation. Trophy property!

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Street Lights

Private Pool No

Building

Lot Description Walkstreet, Yard

Story 3

Entry Level Two,Three Or More

Sewer Public Sewer

Water Public

Level or Stories Two, Three Or More

New Construction No

Others

Senior Community No

Tax ID 5529024010

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Akash Saini Keller Williams Realty Calabasas 916-704-4184
Bought with Akash Saini Keller Williams Realty Calabasas
agent-avatar

+1(626) 210-4088

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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