1005 N Croft Avenue Los Angeles, CA ^$ 13,950,000

1005 N Croft Avenue

^$ 13,950,000

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1005 N Croft Avenue

Los Angeles, CA, 90069

^$ 13,950,000

Bedrooms30 Baths30.0 Sq 19,320

Monthly Estimate*

^$ 97,445

Listed by The Agency

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 1

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 2

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 3

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 4

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 5

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 6

1005 N Croft Avenue, Los Angeles, CA 90069 - Image 7

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Multi-Family Home for sale in Los Angeles, CA

for $13,950,000 with 30 bedrooms and 30 full baths. This 19,320 square foot home was built in 1959 on a lot size of 0.4478.

Property sold RTI !!! Welcome to an exceptional investment opportunity in the heart of West Hollywood. This offering presents three adjacent lots sold together, each boasting a seven-residence building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. Situated in one of Los Angeles' most desirable neighborhoods of WEHO on Croft Avenue, these properties offer a remarkable canvas for investors and developers. With most units vacant, buyers will have the flexibility and freedom to carry out an extensive remodel or simply refresh the interiors. RTI plans are for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, panoramic rooftop decks for all residents to enjoy, and no low income units. These lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. Whether you're an experienced developer seeking your next project or an investor looking to enter the dynamic West Hollywood income property market by just remodeling and bringing in market rent, these properties offer endless opportunities. All three properties (1005, 1009, 1015 N. Croft Ave) are listed separately in MLS as well, please see MLS#s 23-298535, 23-326709, 23-326717. Email for OM.

Multi-Family Active

Price

^$ 13,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4478

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23334739

Days on Market

155

Features

General

Heating WallFurnace

Appliances Refrigerator

Zoning LAR3

Year Built 1959

Stories 2

Levels Two

Gross Income 1026000.0

County Los Angeles

Net Operating Income 751825.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions From Santa Monica Blvd head south on Croft Avenue.

City Los Angeles

Disclosures FamilialRelation ListingBrokerAdvantage

View Y/N N

Senior Community Y/N N

Total Units 21

MLS Area C10 - West Hollywood Vicinity

Lot Size Square Feet 19506.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Croft

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.qwikvid.com/realestate/go/v1/mls/?idx=wBNllJd6Jj1IKCFOB359iNJZgHn4ZOij

Days on Market 8

Standard Status Active

Exterior

Parking Features Garage Pullthrough OnStreet Tandem

Total Parking 0.0

Lot Size Area 19506.0

Number of Buildings 3

Spa N

Building Area Total 19320.0

Lot Dimensions 50x130

Lot Size Acres 0.4478

Lot Size Units SquareFeet

Lot Size Source Owner

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 30

Electric On Property Y/N N

Total Baths 30

Internal Only

Street Number 1 1005

* Excluded Features

List By

The Agency

Broker

(310) 710-8841

Phone

Affordability Calculator

$97,445

Per Month

Monthly Principal & Interest: $97,445
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 85%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/29/2023	$13,950,000		Listed Price

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1005 N Croft Avenue, Los Angeles, CA, 90069 is a Multi-Family Home for sale at $13,950,000 with 19,320 sqft and a lot size of 0.4478. 1005 N Croft Avenue has 30 bedrooms, 30.0 baths, and was built in 1959. The property's zip code is 90069 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1005 N Croft Avenue

Multi-Family Home for sale in Los Angeles, CA

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