Active
1005 N Croft Avenue
Los Angeles CA, 90069
$13,950,000
$722.05 per sqft
Active
30 Beds
30 Baths
19,320 sqft
Residential
Built in 1959
Listed by Azy Farahmand with The Agency 424-400-5900
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.
23334739
MLSⓇ ID
November 28, 2023
Listed
May 9, 2024
Updated
Map
1005 N Croft Avenue
Los Angeles CA, 90069
Interior Features
Total Stories
2
Bedrooms
30
Total Bathrooms
30
Appliances
Refrigerator
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.45 Acres
Other Property Details
Area Name
C10 - West Hollywood Vicinity
Days on Market
8
Garage
Yes
Parking
Garage, Pull-through, On Street, Tandem
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Buyer Agency Compensation
2.5%
Listing Contact: 424-400-5900
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 12:07 PM UTC