We are pleased to present 1016 N Crescent Heights Blvd., West Hollywood, a rare 8-unit multifamily investment opportunity in one of Los Angeles’ most prestigious rental markets. The property features an ideal unit mix of all two-bedroom, two-bathroom apartments, providing exceptional tenant appeal and strong rent growth potential. Six of the eight units will be delivered vacant at closing, giving investors the immediate ability to renovate and capture top-of-market rents in a high-demand submarket with historically low vacancy rates. Positioned in a highly walkable neighborhood surrounded by premier dining, shopping, nightlife, and entertainment, the property benefits from consistently strong rental demand. Each unit is separately metered, minimizing operating expenses, and the building’s clean exterior and well-maintained condition enhance its curb appeal. Opportunities to acquire a property of this caliber with such significant value-add potential in West Hollywood are exceedingly rare, making 1016 N Crescent Heights Blvd. an outstanding choice for investors seeking both immediate income growth and long-term appreciation. Trophy property!
MLS #
CRSR25183943
MLS Source
California Regional MLS
Days on Site
6
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
1016 N Crescent Heights Bld is a Residential Income in Los Angeles, CA 90046. This – square foot property sits on a 6,550 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,600,000 and was built in 1960.
This address can also be written as 1016 N Crescent Heights Bld, Los Angeles, CA 90046.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 15, 2025. For the most current information, please contact Akash Saini