906 N Crescent Heights, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 1 bath
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Los Angeles, California 90046
This property presents a High-Potential Investment Opportunity with a List Price of $1,550,000—positioned above the $1,403,152 Fair Market Value. While the current structure holds a Condition Rating of 6, the 6,159 sqft lot in a prime West Hollywood location offers significant upside for a custom luxury rebuild. The property serves as a blank canvas for developers to capitalize on the area's modern growth. This is a strategic acquisition ideal for Fix-and-Flip Investors or Custom Home Builders seeking a premier development site.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 906 N Crescent Heights Subject | $1,550,000* List Price | 3 | 1 | 1,251 | $1,122 | - |
A 750 N Orange Grove Avenue Sold | $1,425,000 | 2 | 1 | 1,339 | $1,064 | 0.3 mi |
B 813 N Orange Grove Avenue Sold | $1,558,150 | 2 | 2 | 1,437 | $1,084 | 0.3 mi |
C 935 N Gardner Street Sold | $1,150,000 | 2 | 1 | 1,150 | $1,000 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1924 (100 years old) with no evidence of renovation. The listing explicitly markets the property as an opportunity to 'build your dream home' amidst modern developments. Interior photos show significant distress, including wall damage, missing baseboards, and unconventional plumbing fixtures, indicating the structure is likely unlivable and the value lies in the land.
Situated in the highly sought-after West Hollywood vicinity, the property offers immediate access to iconic destinations like Melrose Avenue, Santa Monica Boulevard, and Sunset Boulevard.
With a generous 6,159 sqft lot surrounded by new modern developments, this site presents a premier opportunity for a custom luxury rebuild or significant expansion in a high-value area.
The 1924 Spanish-style architecture provides a charming and timeless aesthetic foundation that is highly coveted within the Los Angeles real estate market.
The current configuration of three bedrooms with only one bathroom is insufficient for modern living standards at this price point, necessitating a functional layout reconfiguration.
Marketed primarily as a development opportunity, the century-old structure likely requires substantial capital investment to address aging systems and meet contemporary luxury expectations.
This Spanish style home is located just minutes from Santa Monica Blvd/West Hollywood, Melrose, Sunset Blvd. This property is nestled amongst new modern developments, a great opportunity to build your dream home and enjoy the vast entertaining, restaurants and other venues in this unique and glamorous community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,251 | 1,672 |
| Lot Size | 6,159 | 6,067 |
| Price | $1.55M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$1,550,000
Initial Listing