1016 N Crescent Heights Boulevard 7, Los Angeles, California 90046
  • $2,600,000

Overview

Property ID: SR25183943
  • Apartment, Residential Income
  • Property Type
  • 7650 Sqft
  • Area Size
  • 1960
  • Year Built

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!

  • Address: 1016 N Crescent Heights Boulevard
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90046
  • Country: US

Details

Updated on August 22, 2025 at 2:36 pm
  • Property ID SR25183943
  • Price $2,600,000
  • Property Size 7650 Sqft
  • Land Area 0.1504 Acres
  • Year Built 1960
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Street Lights

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