8720 Ashcroft ave, West Hollywood , CA 90048
Active
$2,795,000
2 Units
4 Beds
2 Baths
2,244 Area(sq.ft.)
Lot: 5,179 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 25517995 |
| Days On Market: | 252 |
| Listing Date: | March 29, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,246 |
| Price per unit: | $ 1,397,500 |
| Year Built: | 1927 |
Property Details
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.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes, 0% |
| Vacancy Rate: | 100% |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 0 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | Two |
| Sewer: | In Street |
| Water: | Public |
Land & Parking
| Zoning: | WDR1B* |
| Parking Garage: | Driveway, Gated |
Interior
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | None |
Exterior
Detailed Map
Schools
Find a great school for your child
Income
