1424 N Crescent Heights Blvd 49, West Hollywood, CA 90046

Property Description

MAJOR PRICE REDUCTION! 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.