1005 North Croft Avenue Los Angeles, CA $ 4,650,000
1005 North Croft Avenue
$ 4,650,000
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1005 North Croft Avenue

Los Angeles, CA, 90069
$ 4,650,000
Baths0.0 Sq 6,440

Monthly Estimate*

$ 32,482

1005 North Croft Avenue, Los Angeles, CA 90069 - Image 1
1005 North Croft Avenue, Los Angeles, CA 90069 - Image 2
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1005 North Croft Avenue, Los Angeles, CA 90069 - Image 4
1005 North Croft Avenue, Los Angeles, CA 90069 - Image 5
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,650,000. This 6,440 square foot home was built in 1959 on a lot size of 0.15.

Welcome to an exceptional investment opportunity in the heart of West Hollywood. This offering presents three adjacent lots, each boasting a seven-unit building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Situated in one of Los Angeles' most desirable neighborhoods on Croft Avenue, these properties offer a remarkable canvas for investors and developers. With most residences delivered vacant, buyers will have the flexibility and freedom to carry out an extensive remodel or simply refresh the interiors. Also included with the sale are Ready-to-Issue (RTI) plans, streamlining the development process and generating returns sooner. RTI plans are for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop decks for all residents to enjoy. These lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. Seize the chance to transform these three adjacent lots into a signature development that seamlessly blends modern aesthetics, convenient living, and urban sophistication. Whether you're an experienced developer seeking your next project or an investor looking to enter the dynamic West Hollywood market, these properties offer endless potential to shape a remarkable living experience.

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Multi-Family Active

Price

$ 4,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023298535

Features
General
Heating Wall Furnace
Zoning LAR3
Year Built 1959
Tenant Pays Electricity Cable TV Gas
Levels Two
County Los Angeles
Net Operating Income 751825.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C10 - West Hollywood Vicinity
Lot Size Square Feet 6499.0
Street Name Croft
Virtual Tour https://www.qwikvid.com/realestate/go/v1/mls/?idx=wBNllJd6Jj1IKCFOB359iNJZgHn4ZOij
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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Exterior
Parking Features Pull-Through Street Tandem Garage
Lot Size Area 6499.0
Building Area Total 6440.0
Lot Dimensions 50x130
Lot Size Acres 0.15
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Azy Farahmand

Listing Agent

The Agency

Broker

Affordability Calculator

$32,482
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,482
Monthly Property Taxes
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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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2023$4,650,000 Listed Price

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1005 North Croft Avenue, Los Angeles, CA, 90069 is a Multi-Family Home for sale at $4,650,000 with 6,440 sqft and a lot size of 0.15. 1005 North Croft Avenue is a studio with 0.0 baths and was built in 1959. The property's zip code is 90069 which is in Los Angeles, CA