1016 N Crescent Heights Boulevard, Los Angeles, CA 90046
Property
Sold August 2025
Listing Agent: Akash Saini (DRE #02010158) · Listing Office: Keller Williams Realty Calabasas · Contact: 916-704-4184 · Bought with: Akash Saini · Keller Williams Realty Calabasas · MLS #SR25183943 · Source: CRMLS
About this property
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!
Listing description from the August 2025 sale, as reported to CRMLS.
Sale history