Los Angeles, CA 90069 1015 N Croft Avenue
$4,200,000
3 more
Presented By: Azy Farahmand with The Agency;
Home Details
A 7 unit building, with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. 1015 is sold together as a package with the two adjacent lots (1005 N Croft Ave. and 1009 N Croft Ave.) Buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap rate!! RTI plans for all three lots, 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. Email for OM.
Presented By: Azy Farahmand with The Agency;
Interior Features for 1015 N Croft Avenue
Bedrooms
Total Bedrooms10
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1015 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
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 Feet6508.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income787300.0
New ConstructionNo
NumberOfUnitsTotal7
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysCableTV, Electricity, Gas
View Y/NYes
Waterfront Y/NNo
Year Built1958
ZoningLAR3
Exterior for 1015 N Croft Avenue
Building Area Total6440.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1494
Lot Size Area6508.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage, Pullthrough, OnStreet, Tandem
SpaNo
Total Parking10.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480