$2,150,000
$345K PRICE DROP

Estimated payment $15,363/month

Total Views 474
0.15 Acre
$14,400,536 Price per Acre
6,502 Sq Ft Lot

About This Lot

INCREDIBLE NEW PRICING STEPS TO MELROSE PLACE. BEST PRICED DEVELOPMENT AND/OR DUPLEX INVESTMENT IN SUCH A PRESTIGIOUS AREA. We are pleased to present a prestigious development opportunity located in a premier area of the Westside. 745 N Croft Avenue is a VACANT duplex which boasts close proximity to Melrose Place, known for its high-end retail and incredible dining establishments. Favorably zoned (Q)R3-1, the site allows for a range of uses utilizing California's recently adopted new housing laws intended to ease multifamily development including reduced parking requirements and allowance of accessory dwelling units (ADUs) on certain sites. Eligible for Tier 2TOIA (Transit Oriented Incentive Area) with the potential to construct up to 18 units utilizing the CHIP (Citywide Housing Incentive Program), this exceptional and rare opportunity offers a buyer arange of attractive redevelopment options in the thriving West Hollywood adjacent market.

Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 07/21/2025

Remax Commercial and Investment Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,597

Lot Details

  • 6,502 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5528-001-024

Property Details

Property Type

Land

Est. Annual Taxes

$41,597

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1493
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5528-001-024
  • Lot Size Area: 6502

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $41,597 $3,431,046 $3,431,046 --
2023 $40,784 $3,363,771 $3,363,771 $0
2022 $38,873 $3,297,815 $3,297,815 $0
2021 $38,408 $3,233,152 $3,233,152 $0
2019 $33,876 $2,850,000 $1,700,000 $1,150,000
2018 $1,781 $122,769 $72,591 $50,178
2016 $1,676 $118,004 $69,773 $48,231
2015 $1,572 $116,232 $68,725 $47,507
2014 $1,591 $113,956 $67,379 $46,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $2,150,000 0.0% $754 / Sq Ft
07/21/2025 07/21/25 For Sale $2,150,000 -10.2% $754 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/07/2025 07/07/25 Off Market $2,395,000 -- --
03/19/2025 03/19/25 Price Changed $2,395,000 -4.0% $840 / Sq Ft
02/03/2025 02/03/25 For Sale $2,495,000 -22.0% $875 / Sq Ft
09/27/2019 09/27/19 Sold $3,200,000 -8.4% $1,122 / Sq Ft
07/11/2019 07/11/19 Price Changed $3,495,000 -7.9% $1,225 / Sq Ft
05/21/2019 05/21/19 For Sale $3,795,000 -- $1,331 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,200,000 Fidelity National Title
Grant Deed $2,850,000 Fidelity National Title Grou
Interfamily Deed Transfer -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,625,000 New Conventional
Previous Owner $1,625,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: The MLS

MLS Number: 25493635

The MLS

APN: 5528-001-024