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Property Detail

Property Detail

Property Detail

1424 Crescent Heights #49, West Hollywood, CA 90046

1424 Crescent Heights #49, West Hollywood, CA 90046

$724,999 LOGIN TO SAVE

Bedrooms: 1

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Bathrooms: 1

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Area: 914 SqFt.

    Description

    Priced to sell, this is hands down the best opportunity in Granville Towers, as nothing has sold in the building at this price in years. It will not last. Just moments from the Sunset Strip, welcome to Residence #49 at the legendary Granville Towers, widely regarded as "The Dakota of Los Angeles." Designed in 1930 by Leland Bryant in a striking French Normandy style, this iconic, doorman building is one of West Hollywood's most architecturally significant and culturally rich addresses. A true piece of Hollywood history, the Granville has housed an extraordinary roster of residents over the decades, including Marilyn Monroe, Rock Hudson, David Bowie, Jennifer Hudson, Mickey Rourke, and more. An unmatched pedigree that continues to draw creatives, tastemakers, and those who understand legacy real estate. Residence #49 spans approximately 914 sq ft and is flooded with natural light, featuring hardwood floors and desirable southern exposures. It is perfectly charming and entirely livable today, but make no mistake, this is also a rare value-add opportunity. Renovate, reimagine, and unlock serious upside in a building where finished units command a premium. The lowest-priced unit currently available in the building, this is a true entry-level opportunity into a historically significant, high-demand property where opportunities like this are few and far between. The building benefits from Mills Act designation, delivering substantial property tax savings, often a fraction of standard Los Angeles property taxes, adding a powerful financial incentive to an already compelling investment. Amenities include a staffed front desk, lush, landscaped grounds with fountains, a lit and gated dog run, subterranean parking, and an atmosphere that feels more like a boutique European hotel than condominium living. Unbeatable location just seconds from everything: Trader Joe's, Bristol Farms, Chateau Marmont, Sunset Tower Hotel, Equinox, CVS, and the very best of the Sunset Strip's dining, shopping, and nightlife. A rare chance to buy into history, create value, and secure one of West Hollywood's most iconic addresses at an aggressive price point. Opportunities like this don't come around twice. Listing agent resides in the building and is the HOA President, so it is easy to show and will be a seamless transaction. The extremely low Mills Act property taxes offset the HOA dues.

    Features​

    • 0.68 Acres
    • 7 Stories

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

    Follow Us

    Call or Email Lincoln Realty Group now to inquire about this property.

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    #1 Agent in Aviara

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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