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

March 23, 2024

Updated

Map

1005 N Croft Avenue
Los Angeles CA, 90069

Interior Features

Total Stories

2


Bedrooms

30 Beds


Bathrooms

30 Baths


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 3/23/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:18 AM UTC

 

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