GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 2,600,000
$ 2,600,000
Est. payment /mo
Sold on 08/20/2025
1016 N Crescent Heights BLVD Los Angeles, CA 90046
6,551 Sqft Lot
UPDATED:
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!
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
Listed by Akash Saini Keller Williams Realty Calabasas 916-704-4184
Bought with Akash Saini Keller Williams Realty Calabasas
Bought with Akash Saini Keller Williams Realty Calabasas