7
See all 7 photos
$2,600,000
Est. payment /mo
New
1016 N Crescent Heights Boulevard Los Angeles, CA 90046
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25183943
Property Sub-Type Res Income 2-4 Units
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 buildings 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
Zoning Assessor
Direction N Crescent Heights & Santa Monica Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 5529024010
Listed by Akash Saini Keller Williams Realty Calabasas