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 a range of attractive redevelopment options in the thriving West Hollywood adjacent market.
Days on market: 10
Listing updated: February 13, 2025 - 07:16:02
Listed by: Jonathan Taksa DRE #01366169 213-817-1000, Remax Commercial and Investment Realty - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X7538301 Originating MLS: CRMLS
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