$817,000 - $1,366,000
RENTED AUG 23, 2024

116 S Croft Ave Unit 401 Los Angeles, CA 90048

Beverly Grove Neighborhood
2 Beds
2 Baths
1,595 Sq Ft
7,501 Sq Ft Lot

Last Sold January 11, 2023

Last sale price $799,000 $501 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,587/month

Highlights

  • City Lights View
  • Engineered Wood Flooring
  • Tandem Parking
  • Living Room with Fireplace
  • Den
  • Laundry closet

About This Home

As of August 2024

Large, Remodeled Penthouse Condo in an ideal location is ready for YOU! This 2-bedroom PLUS private office, 2-bathroom condo is larger than most at nearly 1600 square feet. Unit 401 offers no one above you and SIX BALCONIES and Eastern/Western and Southern Exposure for city views and natural light all day long! Nearly every aspect of this beautiful unit has been remodeled in the past two years. New floors; new central air conditioning, new kitchen cabinets, counters & appliances; new bathrooms, and new paint. Living here, you are one block off of West 3rd Street and La Cienega Boulevard, close to Cedars-Sinai Hospital, the Beverly Center, and the Beverly Connection, not to mention the endless restaurants along 3rd St. Two tandem parking spaces are included in the gated garage. The unit is a single story, however, stairs are required to access the parking garage. The intimate, 9-unit building is currently undergoing exterior repainting, balcony improvements and a lobby remodel. Renter's Insurance Required. Pets are considered on a case-by-case basis. To apply: https://apply.link/4eJkM1D

Last Agent to Rent the Property

Jarrett Camarda

Compass License #01915305 Listed on: 07/01/2024

Compass

Co-Listed By

Keith Douglas

Compass License #02137576

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,747

Year Built

  • Built in 1990

Lot Details

  • 7,501

Interior Spaces

  • 1,595 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Automatic Gate
  • Controlled Entrance

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $9,400
  • Tenant pays for cable TV, electricity, gas, insurance
  • Rent includes association dues, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5511-014-029

Community Details

Overview

  • 9 Units

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,747

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Credit Report Amount: 42.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Association Dues, Water, Trash Collection
  • Security Deposit: 9400
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 9
  • Lease Terms: 1+Year
  • Living Area: 1595
  • Lot Acreage: 0.1722
  • Monthto Month: No
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 1990
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 2.82

Exterior Features

  • Direction Faces: East
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5511-014-029
  • Lot Size Area: 7500

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Dec 8, 2022
Sold by
Sydney Eve Simon Trust
Bought by
Szabo Marguerite and Ro Geoffrey
Seller's Agent
Molly Ballantine
Compass
Buyer's Agent
Jarrett Camarda
Compass
List Price
$899,000
Sold Price
$799,000
Premium/Discount to List
-$100,000
-11.12%
Views
61
Current Estimated Value
$1,044,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,330
Avg. Annual Appreciation
10.89%
Original Mortgage
$719,100
Outstanding Balance
$696,412
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$347,918

Purchase Details

Closed on
Aug 21, 1998
Sold by
Simon Arthur S
Bought by
Simon Arthur S and Simon Samuel Michael

Purchase Details

Closed on
Apr 15, 1994
Sold by
Scarf Eva Berger
Bought by
Simon Arthur S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Szabo Marguerite $799,000 Chicago Title Company
Simon Arthur S $180,000 --
Simon Arthur S $195,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szabo Marguerite $719,100
Previous Owner Simon Arthur S $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Rented $4,500 0.0% --
08/20/2024 08/20/24 Under Contract -- -- --
08/05/2024 08/05/24 Price Changed $4,500 -4.3% $3 / Sq Ft
07/01/2024 07/01/24 For Rent $4,700 0.0% --
01/11/2023 01/11/23 Sold $799,000 0.0% $501 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $799,000 -11.1% $501 / Sq Ft
11/19/2022 11/19/22 For Sale $899,000 0.0% $564 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $899,000 -8.7% $564 / Sq Ft
10/03/2022 10/03/22 For Sale $985,000 -- $618 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $10,747 $831,279 $280,908 $550,371
2024 $10,747 $814,980 $275,400 $539,580
2023 $3,428 $271,209 $54,234 $216,975
2022 $3,273 $265,892 $53,171 $212,721
2021 $3,222 $260,679 $52,129 $208,550
2019 $3,127 $252,949 $50,584 $202,365
2018 $3,106 $247,991 $49,593 $198,398
2016 $2,957 $238,363 $47,668 $190,695
2015 $2,915 $234,783 $46,952 $187,831
2014 $2,932 $230,185 $46,033 $184,152
Source: Public Records

Agents Affiliated with this Home

  • Jarrett Camarda

    Landlord's Agent in 2024

    Jarrett Camarda

    Compass

    (424) 274-1510

    1 in this area

    17 Total Sales

    Section Image

  • K

    Landlord's Co-Listing Agent in 2024

    Keith Douglas

    Compass

    (310) 230-5478

    1 in this area

    13 Total Sales

    Section Image

  • S

    Tenant's Agent in 2024

    Subscriber Non

    Non-Participant Office

  • Molly Ballantine

    Seller's Agent in 2023

    Molly Ballantine

    Compass

    (310) 351-1312

    1 in this area

    25 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 24-410331

The MLS

APN: 5511-014-029

California Los Angeles County Los Angeles 90048 Beverly Grove

116 S Croft Ave Unit 401, Los Angeles, CA

This home is located at 116 S Croft Ave Unit 401, Los Angeles, CA 90048 since 01 July 2024 and is currently priced at $1,044,330. This property was built in 1990. 116 S Croft Ave Unit 401 is a home located in Los Angeles County with nearby schools including Rosewood Avenue Elementary School, John Burroughs Middle School, and Fairfax High School.

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