Los Angeles, CA 90069 955 N Croft Avenue
$4,925,000
11 more
Presented By: Dario Svidler with Keller Williams Beverly Hills
Home Details
We are proud to exclusively present for sale a newly remodeled light and bright 6 Unit Building with spacious apartments. Located on a quiet tree-lined street, the building is situated in prime Beverly Grove, a short walk to Melrose Place, with the hottest shopping and hospitality options in town and the most in-demand neighborhood in all of Los Angeles! Current ownership gutted the entire building and spared no expense as they did a top to bottom overhaul with high end finishes reimagined for today's demanding tenants. Consisting of five 2+2s and one 3+3 oversized units, the six sophisticated units feature a generous open floor plan, a Chef's kitchen with top-of-the-line appliances and contemporary cabinetry, in-unit washer & dryer, and secured parking. The property includes 9 parking spaces in a gated, below grade garage with secured access into the building. The setting, the layout, the finishing touches already command big rents! Ownership has proven the Pro-Forma rents by leasing five units at projected rents, leaving the last unit vacant for a new owner to capitalize on these turn-key units or move family members in. Income numbers are Pro Forma for vacant units. This gem wont last long.
Presented By: Dario Svidler with Keller Williams Beverly Hills
Interior Features for 955 N Croft Avenue
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths13
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Street SuffixAvenue
Total Stories2
General for 955 N Croft Avenue
Additional Parcels Y/NNo
Buyer Agent Compensation2.000
Buyer Agent Compensation Type%
Cap Rate5.26
CityLos Angeles
CoolingCentral Air
CountyLos Angeles
Days on Market190
DirectionsSouth of Santa Monica Blvd. Between Romaine and Willoughby. Just east of La Cienega Blvd.
DisclosuresRent Control
Gross Income373080
HOA / Comm AssnNo
HeatingCentral
LevelsMulti/Split
Lot Size Square Feet6500
MLS AreaC10 - West Hollywood Vicinity
Net Operating Income258911
New ConstructionNo
PossessionClose Of Escrow
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Standard StatusActive
StatusActive
Street NameCroft
Total Units6
Year Built1967
ZoningQR3-1 Tier 3
Exterior for 955 N Croft Avenue
Building Area Total6879
Lot Size Acres0.1492
Lot Size Area6500
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesAssigned, Controlled Entrance, Underground, Gated, Side By Side
Total Parking9
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480