Investment Overview

Marcus & Millichap is pleased to present 1038 N Crescent Heights Blvd., a 5-unit apartment building in an excellent West Hollywood neighborhood. The building features (1) five-bedroom/ two-bathroom, (1) two-bedroom/one-bathroom, and (2) one-bedroom/one-bathroom units plus (1) two-bedroom/two-bathroom newly created ADU. The five-bedroom, two-bedroom, and ADU units have been newly renovated with AC and heating, electrical, plumbing, flooring, and appliances. The building is 4,300 square feet and sits on a 6,551 square foot lot that is WDR3C*. 1038 N Crescent Heights is situated in one of the most desirable rental sub-markets in the Los Angeles area. The property offers a great opportunity for an owner/user or investor to enjoy a high-demand rental in the sought-after, active, and trendy West Hollywood District. This West Hollywood neighborhood boasts great walkability; with a Walk Score of 94, the property is just a 3-minute walk from Santa Monica Blvd., placing it in close proximity to trendy restaurants, nightlife hotspots, and chic retail shopping stores. Within a 5-minute walk, you can access an average of 8 restaurants, bars, and coffee shops.