955 N Croft Avenue Los Angeles, CA $ 4,925,000
955 N Croft Avenue
$ 4,925,000
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955 N Croft Avenue

Los Angeles, CA, 90069
$ 4,925,000
Bedrooms13 Baths13.0 Sq 6,879

Monthly Estimate*

$ 34,403

Listed by Keller Williams Beverly Hills
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Multi-Family Home for sale in Los Angeles, CA

for $4,925,000 with 13 bedrooms and 13 full baths. This 6,879 square foot home was built in 1967 on a lot size of 0.1492.

We are proud to exclusively present for sale a newly remodeled light and bright 6 Unit Building with spacious apartments. Located on a quiet tree-lined street, the building is situated in prime Beverly Grove, a short walk to Melrose Place, with the hottest shopping and hospitality options in town and the most in-demand neighborhood in all of Los Angeles! Current ownership gutted the entire building and spared no expense as they did a top to bottom overhaul with high end finishes reimagined for today's demanding tenants. Consisting of five 2+2s and one 3+3 oversized units, the six sophisticated units feature a generous open floor plan, a Chef's kitchen with top-of-the-line appliances and contemporary cabinetry, in-unit washer & dryer, and secured parking. The property includes 9 parking spaces in a gated, below grade garage with secured access into the building. The setting, the layout, the finishing touches already command big rents! Ownership has proven the Pro-Forma rents by leasing five units at projected rents, leaving the last unit vacant for a new owner to capitalize on these turn-key units or move family members in. Income numbers are Pro Forma for vacant units. This gem wont last long.

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Multi-Family Active

Price

$ 4,925,000

Bedrooms

13

Full Bath

13

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1492

Year Built

1967

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23307839

Days on Market

237

Features
General
Heating Central
Cooling CentralAir
Possession CloseOfEscrow
Zoning QR3-1 Tier 3
Year Built 1967
Levels MultiSplit
Gross Income 373080.0
County Los Angeles
Net Operating Income 258911.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South of Santa Monica Blvd. Between Romaine and Willoughby. Just east of La Cienega Blvd.
City Los Angeles
Disclosures RentControl
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C10 - West Hollywood Vicinity
Lot Size Square Feet 6500.0
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 Y
Days on Market 190
Standard Status Active
Cap Rate 5.26
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Exterior
Parking Features Assigned ControlledEntrance Underground Gated SideBySide
Total Parking 9.0
Lot Size Area 6500.0
Number of Buildings 1
Spa N
Building Area Total 6879.0
Lot Size Acres 0.1492
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
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 13
Electric On Property Y/N N
Total Baths 13
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Internal Only
Street Number 1 955
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

(424) 600-7633

Phone

Affordability Calculator

$34,403
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,403
Monthly Property Taxes
--
Monthly Home Insurance
--
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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$4,925,000 -0.51% Price Down
1/12/2024$4,950,000 -2.94% Price Down
9/6/2023$5,100,000 Listed Price

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955 N Croft Avenue, Los Angeles, CA, 90069 is a Multi-Family Home for sale at $4,925,000 with 6,879 sqft and a lot size of 0.1492. 955 N Croft Avenue has 13 bedrooms, 13.0 baths, and was built in 1967. The property's zip code is 90069 which is in Los Angeles, CA