Los Angeles, CA 90069 1005 N Croft Avenue
$12,600,000
2 more
Presented By: Azy Farahmand with The Agency;
Home Details
Three adjacent lots sold together, 7 units in each building, with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. With almost all units vacant, buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap!! RTI plans, with zero low income units, can also be available for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop deck. Located in one of most desirable neighborhoods in LA, these lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. All three properties (1005, 1009, 1015 N. Croft Ave) are listed separately in MLS as well, please see MLS#s 24-407401, 24-407485, 24-407489. Email for OM.
Presented By: Azy Farahmand with The Agency;
Interior Features for 1005 N Croft Avenue
Bedrooms
Total Bedrooms30
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths30
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1005 N Croft Avenue
Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate6.25
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market80
DirectionsFrom Santa Monica Blvd, head south on Croft Avenue.
DisclosuresFamilialRelation
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income1047600.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet19506.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income787300.0
New ConstructionNo
NumberOfUnitsTotal21
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1959
ZoningLAR3
Exterior for 1005 N Croft Avenue
Building Area Total19320.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x130
Lot Size Acres0.4478
Lot Size Area19506.0
Lot Size SourceOwner
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesGarage, PullThrough, OnStreet, Tandem
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480