$ 2,795,000
-
$2,795,000
Price -
0
Bed - Bath
-
2,244
SqFt
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About the Listing CLW-X83363 - CLW-C129486,CLW-C106344
Situated in the heart of West Hollywood, this property is a prime teardown opportunity, offering exceptional potential for an investor, developer, or owner-user looking to build their dream home. Since purchasing, the current owner has taken significant steps to prepare the property for redevelopment, including complete asbestos and lead reports, a site survey, and soil reports. Currently vacant and heavily gutted, the property sits on an expansive lot in a highly desirable location, presenting a rare opportunity to rebuild a Single Family Home + ADU or a Duplex in one of LA's most sought-after neighborhoods. The owner can provide documentation supporting exemption from low-income/affordable unit replacement requirements. The property is subject to the West Hollywood Rent Stabilization Ordinance, but it is being delivered vacant and without tenants. Therefore, any newly constructed units at the property can be listed for market rates. Don't miss this opportunity to redevelop this West Hollywood gem! Property to be sold as-is / teardown. Any buyers and/or agents wishing to tour must sign a liability waiver.
Listing Highlights for 8720 Ashcroft Ave
Status
Active
Days on Site
161
Property Type
Multi-Family
MLS ®
25517995
Year Built
1927
Total Square Footage
2,244
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Value In Land,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: WDR1B*
- Roof:
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Driveway,Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4336003010
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Listing Location
Questions About..
8720 Ashcroft Ave West Hollywood, CA 90048
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