1009 N Croft Avenue Los Angeles, CA $ 4,650,000
1009 N Croft Avenue
$ 4,650,000
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1009 N Croft Avenue

Los Angeles, CA, 90069
$ 4,650,000
Bedrooms10 Baths10.0 Sq 6,440

Monthly Estimate*

$ 30,905

Listed by The Agency
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 1
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 2
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 3
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 4
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 5
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 6
1009 N Croft Avenue, Los Angeles, CA 90069 - Image 7
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Multi-Family Home for sale in Los Angeles, CA

for $4,650,000 with 10 bedrooms and 10 full baths. This 6,440 square foot home was built in 1958 on a lot size of 0.1492.

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 units delivered vacant, buyers will have the flexibility and freedom 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

10

Full Bath

10

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1492

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23326709

Days on Market

208

Features
General
Heating WallFurnace
Appliances Refrigerator
Zoning LAR3
Year Built 1958
Tenant Pays CableTV Electricity Gas
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 Y
Senior Community Y/N N
Total Units 7
MLS Area C10 - West Hollywood Vicinity
Lot Size Square Feet 6499.0
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 27
Standard Status Active
Cap Rate 5.39
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Exterior
Parking Features Garage Pullthrough OnStreet Tandem
Total Parking 0.0
Lot Size Area 6499.0
Number of Buildings 1
Spa N
Building Area Total 6440.0
Lot Size Acres 0.1492
Lot Size Units SquareFeet
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 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 10
Electric On Property Y/N N
Total Baths 10
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Internal Only
Street Number 1 1009
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* Excluded Features
List By
The Agency

Broker

(310) 710-8841

Phone

Affordability Calculator

$30,905
Per Month
100%
0%
0%
Monthly Principal & Interest
$30,905
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
11/2/2023$4,650,000 Listed Price

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1009 N 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 0.1492. 1009 N Croft Avenue has 10 bedrooms, 10.0 baths, and was built in 1958. The property's zip code is 90069 which is in Los Angeles, CA