$2,795,000

8720 Ashcroft Ave West Hollywood, CA 90048

Estimated payment $17,709/month

Total Views 10,924
4 Beds
2 Baths
2,244 Sq Ft
$1,246 Price per Sq Ft

About 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.

Listing Agent

Sam Collins

Carolwood Estates License #02057606 Listed on: 03/29/2025

Co-Listing Agent

James Harris

Carolwood Estates License #01909801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,870

Year Built

  • Built in 1927

Lot Details

  • 5,179 Sq Ft Lot
  • Level Lot
  • Value in Land
  • Property is zoned WDR1B*

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Gated Parking

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4336-003-010

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,870

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2244
  • Lot Acreage: 0.1196
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1245.54

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Gated
  • Total Parking: 4

Utilities

  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 12.09
  • Assessed Improvement Value: 280500
  • Assessed Land Percent: 87.91
  • Assessed Land Value: 2040000
  • Total Assessed Value: 2320500
  • Assessor Parcel Number: 4336-003-010
  • Lot Description: Lot-Level/Flat, Value In Land
  • Lot Size Area: 5179

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Map

Range of Values:

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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
2025 $28,870 $2,366,910 $2,080,800 $286,110
2024 $28,870 $2,320,500 $2,040,000 $280,500
2023 $19,459 $1,531,732 $942,604 $589,128
2022 $18,412 $1,501,699 $924,122 $577,577
2021 $18,200 $1,472,254 $906,002 $566,252
2020 $18,350 $1,457,159 $896,713 $560,446
2019 $17,583 $1,428,588 $879,131 $549,457
2018 $17,446 $1,400,578 $861,894 $538,684
2016 $16,719 $1,346,194 $828,427 $517,767
2015 $16,458 $1,325,974 $815,984 $509,990
2014 $17,278 $1,377,000 $1,122,000 $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2025 03/29/25 For Sale $2,795,000 +22.9% $1,246 / Sq Ft
06/15/2023 06/15/23 Sold $2,275,000 0.0% $1,014 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $2,275,000 0.0% $1,014 / Sq Ft
05/11/2014 05/11/14 Rented $3,500 +0.1% --
05/11/2014 05/11/14 Under Contract -- -- --
04/23/2014 04/23/14 For Rent $3,495 +2.8% --
04/11/2014 04/11/14 Rented $3,400 -2.7% --
04/11/2014 04/11/14 Under Contract -- -- --
03/19/2014 03/19/14 For Rent $3,495 -0.1% --
12/18/2013 12/18/13 Rented $3,500 +1.4% --
12/12/2013 12/12/13 Under Contract -- -- --
10/17/2013 10/17/13 For Rent $3,450 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,275,000 Provident Title Company
Quit Claim Deed -- Provident Title
Quit Claim Deed -- Provident Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $1,300,000 Title 365 Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,747 Credit Line Revolving
Previous Owner $960,000 Adjustable Rate Mortgage/ARM
Previous Owner $845,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: The MLS

MLS Number: 25517995

The MLS

APN: 4336-003-010