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Explore Our Properties

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For Sale

8720 Ashcroft Ave

8720 Ashcroft Ave, West Hollywood, CA 90048

$2,795,000

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.

4
beds

2
baths

2,244 Sq.Ft. LIVING AREA

5,179 Sq.Ft. lot

Seller Payment to Buyer's Broker: Upon presentation of C.A.R. Form SPBB, Seller agrees to pay Buyer's Broker 2.5% of the purchase price out of the transaction proceeds under the terms defined in said form.

Notice: The amount or rate of real estate commissions is not fixed by law. They are set by each Broker individually and may be negotiable between Seller and Broker (real estate commissions include all compensation and fees to Broker.

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Property Images

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Features & Amenities

Interior

total bedrooms4
Total bathrooms2
full bathrooms2
Laundry room None
Flooring Other
Fireplace None
APPLIANCES None
other interior Features None

Area & Lot

Status For Sale
Living Area2,244 Sq.Ft.
Lot Area5,179 Sq.Ft.
MLS® ID25506861
TypeResidential
YEAR BUILT1927
NeighborhoodLos Angeles
Water FrontageNone
View DescriptionOther

Exterior

water SourcePublic
PoolNone
lot featuresLot-Level/Flat, Value In Land
parkingDriveway
HEAT TYPENone
AIR CONDITIONINGNone
sewerIn Street

Financial

Sales Price$2,795,000
Zoning WDR1B*

Schedule a Showing

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.