8720 Ashcroft Avenue, West Hollywood, CA 90048 - Berkshire Hathaway HomeServices California Properties

8720 Ashcroft Avenue, West Hollywood, CA 90048

$2,795,000 Approx. USD 4 beds, 2 baths
2,244 sqft

Listing Agent


Sam Collins | scollins@carolwoodre.com
Lic#: 02057606
Broker: Courtesy of Carolwood Estates

Co Listing Agent


James Harris | james@carolwoodre.com
Lic#: 01909801
Broker: Courtesy of Carolwood Estates

Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active
MLS# 25517995
Price: $2,795,000
Beds: 4
Baths: 2
Built in 1927
2,244 sqft
2 stories
0.12 acres
Lot size: 0.1189
County: Los Angeles
Zoning: WDR1B*
Parking description: Driveway,Gated
Lot description: Value In Land
Heating/cooling: None
Heating description: None
MLS area: C10 - West Hollywood Vicinity

Last Updated: 4/6/2025

 Days On Market (DOM): 76

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This listing belongs to the C10 - West Hollywood Vicinity MLS area

Lat/Long: 34.078835, -118.382492.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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