1021 N Crescent Heights Boulevard 205, West Hollywood, California 90046, West Hollywood, 90046 - 2 bed, 2 bath
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West Hollywood, California 90046
This Value-Add West Hollywood Condo presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $610,327 Fair Market Value by 10%. This valuation gap offers $61,327 in Instant Equity for buyers ready to modernize the space. Currently holding a Fair Condition Rating, the unit features a blank-canvas layout with Hollywood Hills views and rare side-by-side parking. Located near Santa Monica Blvd, the property is primed for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 N Crescent Heights Boulevard 205 Subject | $549,000* List Price | 2 | 2 | 992 | $615 | - |
A 1275 N Harper Avenue 11 Sold | $710,000 | 2 | 2 | 1,013 | $701 | 0.4 mi |
B 1342 N Sierra Bonita Avenue 102 Sold | $565,000 | 2 | 2 | 869 | $650 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is in mostly original condition and requires significant cosmetic updates to meet modern standards. The kitchen features dated white tile countertops and older cabinetry, and the listing explicitly describes the bathrooms as a 'blank canvas' for remodeling. While the unit appears well-maintained and includes functional systems like central HVAC, the overall aesthetic—including the wall-to-wall carpeting and older fixtures—is outdated, placing it firmly in the 'fair' category as a candidate for renovation.
Situated in a highly coveted area near Santa Monica Boulevard, the property offers immediate access to world-class dining, fitness studios, and nightlife.
As a corner unit with west and south-facing windows, the condo features bright interiors and large balconies with serene sunset views of the Hollywood Hills.
The sale includes two side-by-side parking spaces in a secured garage along with large storage closets, providing significant convenience in a dense urban market.
The property is in original condition and requires a full remodel of the kitchen and bathrooms, necessitating a substantial post-purchase investment of time and capital.
The building utilizes community laundry rooms on each floor rather than private in-unit hookups, which may be a drawback for buyers seeking modern convenience.
This 2BR/2BA condo is the best bargain in West Hollywood. Located on the second floor at the back of an intimate 21-unit building, this corner condo is bathed in natural light from west and south facing windows. Enjoy serene sunsets overlooking a rooftop view to the Hollywood Hills from this unit's big balconies that have sliding glass doors from the living room and the primary bedroom. This home is an amazing opportunity to channel your HGTV heroes! The galley kitchen, with its gas range/oven, could be a chef's delight with some loving renovations. The HOA allows installation of hardwood floors throughout to replace the carpeting. The two bathrooms are a blank canvas awaiting a creative owner to remodel with designer details. The primary bedroom has a walk-in closet and a spacious en-suite bathroom. Enjoy year-round climate-controlled comfort with central HVAC. In the building's securely gated garage, two side-by-side parking spaces and large storage closets are included in this sale. This pet-friendly building features succulent landscaping, a high-tech intercom system, community laundry rooms on each floor and a private pool area, all for a reasonable HOA fee that includes cable TV and internet. This coveted West Hollywood location is close to numerous restaurants, fitness studios, shopping and nightlife on Santa Monica Blvd. Don't delay; this home is the one you've been waiting for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 992 | 1,029 | 46% |
| Lot Size | 12,105 | 20,945.5 | 19% |
| Price | $549.0K | $697.5K | 31% |
| Price per sq ft | $553 | $653 | 28% |
| Built year | 1974 | 1973 | 54% |
| HOA | $798.0 | $618 | 80% |
| Days on market | 34 | 190 | 2% |
Mar 19, 2026
$549,000
Initial Listing
Aug 20, 2004
$450,000
Public Record