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8720 Ashcroft Avenue
USD 2,795,000
Property ID: 25517995
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8720 Ashcroft Avenue ,90048
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icon 5179 SqFt
icon Built in 1927
icon USD 540/SqFt
icon 4 Beds
icon 2 Full
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Location
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Interior Details
Bedrooms
4
Bathrooms
2
Interior Size
2244
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1927
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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8720 Ashcroft Avenue
USD 2,795,000 4 Beds
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