8720 Ashcroft Avenue, West Hollywood, CA 90048
- $2,050,000
- 4
- BD
- 2
- BA
- 2,244
- SqFt
- Sold Price
- $2,050,000
- List Price
- $2,295,000
- Closing Date
- Nov 26, 2025
- Status
- CLOSED
- MLS#
- 25603123
- Year Built
- 1927
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 2,244
- Lot Size
- 5,179
- Acres
- 0.12
- Lot Location
- Value In Land
- Days on Market
- 21
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Heat
- None
- Cooling Description
- None
- Sewer
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Levels
- Two
- Parking Spaces
- 4
Listing courtesy of Listing Agent: Sam Collins (scollins@carolwoodre.com) from Listing Office: Carolwood Estates.
Listing sold by Michael Ragazzo from The One Luxury Properties
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.