$12,600,000

1005 N Croft Ave West Hollywood, CA 90069

Beverly Grove Neighborhood

Estimated payment $82,322/month

Total Views 12,007
30 Beds
30 Baths
19,320 Sq Ft
$652 Price per Sq Ft

Highlights

  • 19,506 Sq Ft lot
  • Tandem Parking
  • 3-minute walk to Kings Road Park
  • Pull-through

About This Home

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.

Listing Agent

Azy Farahmand

The Agency License #01958066 Listed on: 06/24/2024

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 50x130

Interior Spaces

  • 19,320 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 30 Bathrooms

Parking

  • Pull-through
  • Tandem Parking
  • On-Street Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 21 Units

Listing and Financial Details

  • Assessor Parcel Number 5529-007-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: 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.
  • Living Area: 19320
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 30
  • Total Bathrooms: 30.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 652.17

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: On street, Pull-through, Tandem

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5529-007-026
  • Lot Description: 2-4 Lots
  • Lot Size Area: 19506

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.03
  • Number Of Units: 21
  • Total Annual Expense: 260300
  • Type Of Units: 4
  • Vacancy Rate: 17

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 For Sale $4,200,000 -66.7% $652 / Sq Ft
06/24/2024 06/24/24 For Sale $12,600,000 -- $652 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 24-407399

The MLS

California Los Angeles County West Hollywood 90069 Beverly Grove

1005 N Croft Ave, West Hollywood, CA

This home is located at 1005 N Croft Ave, West Hollywood, CA 90069 and is currently priced at $12,600,000, approximately $652 per square foot. This property was built in 1959. 1005 N Croft Ave is a home located in Los Angeles County with nearby schools including Rosewood Avenue Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Azy Farahmand
Listing Agent
Azy Farahmand
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The Agency
(310) 710-8841