745 Croft LLC Acquires Development Site In West Hollywood For $3.2M

A development site located at 745 N Croft Ave in West Hollywood has been sold for $3,200,000. The property is a vacant duplex consisting of 2 units. The buyer, 745 Croft LLC, purchased the site from the seller, 745 Croft MBV2 LLC. The transaction was facilitated by brokers Zach Krasman from Proud ABBA and Dario Svidler from Compass. The purchase price per unit amounted to $1,600,000. The buyer's intention for the site is to develop multiple units.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,200,000
• Address: 745 N Croft Ave
• Market: West Hollywood
• Units: 2
• Price Per Unit: $1,600,000

This transaction involved the buyer, 745 Croft LLC, and the seller, 745 Croft MBV2 LLC. The deal was completed with the assistance of brokers Zach Krasman from Proud ABBA and Dario Svidler from Compass. The property, a vacant duplex, was fully vacant at the time of the sale. The buyer intends to develop multiple units on the site, taking advantage of its potential.