Los Angeles, CA 90069 1005 N Croft Avenue
$13,950,000
2 more
Presented By: Azy Farahmand with The Agency
Home Details
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.
Presented By: Azy Farahmand with The Agency
Interior Features for 1005 N Croft Avenue
Bedrooms
Total Bedrooms30
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths30
Other Interior Features
Heating Y/NYes
Street SuffixAvenue
Total Stories2
General for 1005 N Croft Avenue
AppliancesRefrigerator
Buyer Agent Compensation2.500
Buyer Agent Compensation Type%
CityLos Angeles
CountyLos Angeles
Days on Market8
DirectionsFrom Santa Monica Blvd, head south on Croft Avenue.
DisclosuresFamilial Relation, Listing Broker Advantage
Garage Y/NYes
Gross Income1026000
HOA / Comm AssnNo
HeatingWall Furnace
LevelsTwo
Lot Size Square Feet19506
MLS AreaC10 - West Hollywood Vicinity
Net Operating Income751825
New ConstructionNo
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Street NameCroft
Total Units21
Virtual TourClick here
Year Built1959
ZoningLAR3
Exterior for 1005 N Croft Avenue
Building Area Total19320
Lot Dimensions50x130
Lot Size Acres0.4478
Lot Size Area19506
Lot Size SourceOwner
Lot Size UnitsSquare Feet
Number of Buildings3
Parking FeaturesGarage, Pull-through, On Street, Tandem
Total Parking0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480