Login

Greater LA Apartment Project Lures Buyers With Middle-Income Housing Plans

Standard, Faring To Inject Nearly $100 Million Into West Hollywood Property

The 130-unit Crescent at West Hollywood, 1274 N. Crescent Heights Blvd., is to be converted into middle-income housing amid a severe housing shortage in greater Los Angeles. (CoStar)
The 130-unit Crescent at West Hollywood, 1274 N. Crescent Heights Blvd., is to be converted into middle-income housing amid a severe housing shortage in greater Los Angeles. (CoStar)

A multifamily property a few blocks from the famous Sunset Strip in West Hollywood, California, one of the most expensive places to rent an apartment in greater Los Angeles, has been sold to buyers that want to convert the complex into middle-income housing.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In