Los Angeles, CA 90069 1009 N Croft Avenue

1009 N Croft Avenue Los Angeles, CA - Image 11009 N Croft Avenue Los Angeles, CA - Image 21009 N Croft Avenue Los Angeles, CA - Image 3
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Presented By: Azy Farahmand with The Agency;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24407485
  • 06/24/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 10
  • SQFT • 6,440
  • Garage • 1

Home Details

A 7 unit building, with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. With 6 vacant units, one tenant in. 1009 is sold together as a package with the two adjacent lots, 1005 croft and 1015 Croft. Buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap rate!! RTI plans for all three lots, 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, 24-407489. Email for OM.
Presented By: Azy Farahmand with The Agency;

Interior Features for 1009 N Croft Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 1009 N Croft Avenue

Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate6.25
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsFrom Santa Monica Blvd, head south on Croft Avenue.
DisclosuresFamilialRelation
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income1047600.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6499.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income787300.0
New ConstructionNo
Number Of Units Total7
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysCableTv, Electricity, Gas
Waterfront Y/NNo
Year Built1958
ZoningLAR3

Exterior for 1009 N Croft Avenue

Building Area Total6440.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1492
Lot Size Area6499.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage, PullThrough, OnStreet, Tandem
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $4,200,000
MLS#24407485
List Date 06/24/2024
Property Type Multi-Family
Phone 714.742.6515
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