Active

1216 N Crescent Heights Blvd

West Hollywood CA, 90046

$10,000,000


$620.66 per sqft

Active

37 Beds

16,112 sqft

Residential

Built in 1950

Standout opportunity to acquire a quality midcentury modern multi-family asset with significant rental upside and ASSUMABLE 2.91% FINANCING UNTIL 2028. This charming and beautifully landscaped courtyard-style building was extensively remodeled in 2016 and has been enhanced in the years since. Crescent is ideally situated 500 ft from Santa Monica Blvd and close to everything West Hollywood has to offer, from an array of retail amenities to dining and endless entertainment options. Consisting of an optimal unit mix of 7 one-bedroom, 8 two-bedroom and 4 three-bedroom residences, this well-maintained property with 19 residences features gated subterranean parking, secured access entry and a laundry facility. 13 of the 19 units have been remodeled with new flooring, in-unit washer/dryers, fully equipped kitchens with stainless steel appliances, modern bathrooms and spacious closets. Crescent is located in the highly desirable and high demand West Hollywood rental market that draws creative residents from the fashion, entertainment, culinary, art, architecture and design industries. West Hollywood is also a world-famous destination for entertainment venues such as the Comedy Store, The Roxy, The Whiskey Night Club, and many others located just north of the property along the Sunset Strip.

23-324983

MLS ID

October 24, 2023

Listed

February 15, 2024

Updated

Map

1216 N Crescent Heights Blvd
West Hollywood CA, 90046

Interior Features

Total Stories

2


Bedrooms

37 Beds


Appliances

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.35 Acres

Other Property Details

Area Name

West Hollywood Vicinity


Days on Market

28


Garage

Yes


Parking

Subterranean, Garage


Parking Total

20


View

No


County

Los Angeles


Pool

No


Zoning

WDR4*

Listed by with Coldwell Banker Residential Brokerage
Listing Contact: 310-979-4990 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor RSR Rogers Stellini Ritt Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/15/2024

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