745 N Croft Avenue,Los Angeles,Los Angeles,Land

Property Description

HUGE PRICE REDUCTION FOR ONE OF THE BEST LOCATED PROPERTIES IN TOWN! Jonathan Taksa of Taksa Investment Group, part of RE/MAX Commercial & InvestmentRealty, is 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. Also zoned TOC 2, this exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving West Hollywood adjacent market.