Seller's Agent in 2022
Jonathan Taksa
RE/MAX
(424) 672-8220
6 in this area
77 Total Sales
111 S Croft Ave Los Angeles, CA 90048
Beverly Grove NeighborhoodEstimated Value: $7,308,551 - $7,696,000
20
Beds
22
Baths
13,818
Sq Ft
$547/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Intercom
- Central Heating and Cooling System
- Wood Flooring
About This Home
As of September 2022111 S. Croft Avenue is an 11 unit property in the premier Beverly Grove area of Los Angeles. Ideally located in the heart of LA's vibrant Westside, 111 S. Croft Avenue was constructed in 1990, and as such is not subject to the City of Los Angeles's Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over two levels of subterranean parking. Units include (9) 2+2 and (2) 1+1.5 floorplans. Interiors have been finished with real wood flooring (two have updated laminate flooring), modern cabinetry, and granite countertops. The building offers central HV/AC and in-unit washer and dryers, as well as dynamite floor plans flooded with natural light and views of the Los Angeles skyline (select units). Within walking distance of Cedars-Sinai Medical Complex and the high- end dining and nightlife on West 3rd Street and Beverly Blvd., this rare value add offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01366169 Listed on: 04/14/2022
Last Buyer's Agent
Remax Commercial and Investment Realty License #01366169 Listed on: 04/14/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $89,340
Year Built
- Built in 1990
Lot Details
- 8,012
Parking
- 21 Parking Spaces
Interior Spaces
- 13,818 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Dining Room with Fireplace
- Wood Flooring
- Intercom
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 20 Bedrooms
- Fireplace in Primary Bedroom
- 22 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer Hookup
Additional Features
- 8,012 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 5511-013-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
Aug 23, 2022
Sold by
Lytton Family Trust
Bought by
Croft Eleven Lp
Seller's Agent
Jonathan Taksa
Remax Commercial and Investment Realty
Buyer's Agent
Jonathan Taksa
Remax Commercial and Investment Realty
List Price
$7,595,000
Sold Price
$7,150,000
Premium/Discount to List
-$445,000
-5.86%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,184
Avg. Annual Appreciation
-0.82%
Original Mortgage
$3,310,000
Outstanding Balance
$3,167,968
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$3,809,376
Purchase Details
Closed on
Aug 25, 2008
Sold by
Ayzin Michael and Ganapolsky Alex
Bought by
Lytton Sheldon and Levine Maribeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
6.59%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2005
Sold by
South Croft Llc
Bought by
Ayzin Michael and Ganapolsky Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Interest Rate
5.84%
Mortgage Type
Commercial
Purchase Details
Closed on
May 21, 2005
Sold by
Yerekhman Yelena
Bought by
Yerekhman Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Interest Rate
5.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 2003
Sold by
Litman Mark
Bought by
South Croft Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,758,800
Interest Rate
4.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 2003
Sold by
Litman Tamara L
Bought by
Litman Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,758,800
Interest Rate
4.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 20, 2003
Sold by
Co La Ventures V Llc
Bought by
Litman Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,758,800
Interest Rate
4.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 22, 1999
Sold by
Croft Investments
Bought by
Ansari Bijan and Ansari Sima
Purchase Details
Closed on
Nov 17, 1999
Sold by
Ansari Bijan and Ansari Sima
Bought by
La Ventures V Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Croft Eleven Lp | $7,150,000 | -- | |
| Lytton Sheldon | $4,100,000 | Stewart Title | |
| Ayzin Michael | $3,400,000 | Gateway Title Company | |
| Yerekhman Alex | -- | Gateway Title Company | |
| Raskin Alex | -- | Gateway Title Company | |
| Ayzin Michael | -- | Gateway Title Company | |
| South Croft Llc | -- | Gateway Title Company | |
| Litman Mark | -- | Provident Title Company | |
| Litman Mark | $2,225,000 | Provident Title Company | |
| Ansari Bijan | -- | Stewart Title Company | |
| La Ventures V Llc | -- | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Croft Eleven Lp | $3,310,000 | |
| Previous Owner | Lytton Sheldon | $2,120,000 | |
| Previous Owner | Ayzin Michael | $2,050,000 | |
| Previous Owner | Litman Mark | $1,758,800 | |
| Previous Owner | La Ventures Llc | $1,161,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2022 09/09/22 | Sold | $7,150,000 | -5.9% | $517 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $7,595,000 | -- | $550 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $89,340 | $7,438,860 | $4,941,900 | $2,496,960 |
| 2024 | $89,340 | $7,293,000 | $4,845,000 | $2,448,000 |
| 2023 | $87,607 | $7,150,000 | $4,750,000 | $2,400,000 |
| 2022 | $59,821 | $4,975,305 | $1,820,232 | $3,155,073 |
| 2021 | $59,050 | $4,877,751 | $1,784,542 | $3,093,209 |
| 2019 | $57,293 | $4,741,275 | $1,731,612 | $3,009,663 |
| 2018 | $57,042 | $4,648,470 | $1,697,659 | $2,950,811 |
| 2016 | $52,419 | $4,290,000 | $1,573,000 | $2,717,000 |
| 2015 | $48,969 | $4,000,000 | $1,466,700 | $2,533,300 |
| 2014 | $50,064 | $4,000,000 | $1,466,700 | $2,533,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Taksa
Map
Source: The MLS
MLS Number: 22-146391
APN: 5511-013-012
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© 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.
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