Search
1015 N Croft Ave, Los Angeles, CA 90069
Image 2 for 1015 N Croft Ave, Los Angeles, CA 90069
Image 3 for 1015 N Croft Ave, Los Angeles, CA 90069
View Photos

1015 N Croft Ave Los Angeles, CA 90069

$4,650,000
  • 10 Beds
  • 11 Baths
  • 6,440 Sq.Ft.
For Sale
$4,650,000 Get Pre-Qualified
Map preview of 1015 N Croft Ave, Los Angeles, CA 90069

Property Overview: 1015 N Croft Ave Los Angeles, CA has 10 bedrooms, 11 bathrooms, 6,440 living square feet and 6,508 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to an exceptional investment opportunity in the heart of West Hollywood. This offering presents three adjacent lots, each boasting a seven-unit building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Situated in one of Los Angeles' most desirable neighborhoods on Croft Avenue, these properties offer a remarkable canvas for investors and developers. With most units delivered vacant, buyers will have the flexibility and freedom carry out an extensive remodel or simply refresh the interiors. Also included with the sale are Ready-to-Issue (RTI) plans, streamlining the development process and generating returns sooner. RTI plans are for a 24-unit mid/full service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop decks for all residents to enjoy. These lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. Seize the chance to transform these three adjacent lots into a signature development that seamlessly blends modern aesthetics, convenient living, and urban sophistication. Whether you're an experienced developer seeking your next project or an investor looking to enter the dynamic West Hollywood market, these properties offer endless potential to shape a remarkable living experience.

Listed by Azy Farahmand | BRE #01958066 | The Agency
Last checked: 9 minutes ago | Last updated: November 28th, 2023 | Source CRMLS | DOM: 151
Get a $17,438 Cash Reward New

Buy this home with Ardent Real Estate Group and get $17,438 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,508
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23326717
City
Los Angeles
County
Los Angeles
Time on Site
178 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,627
  • Total Rent: $1,627
  • Pro Forma/Market Rent: $10,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $9,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.39%
  • Gross Rent Multiplier: 15.59
  • Gross Scheduled Income: --
  • Net Operating Income: $751,825
  • Gross Operating Income: $1,026,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1015 N Croft Ave

No upcoming open houses

Schedule Tour

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1015 N Croft Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street, Tandem Garage, Pull-through
Property Information
  • Has View
  • Total # of Units: 7
  • Parcel Number: 5529007024
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: From Santa Monica Blvd, head south on Croft Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 1015 N Croft Ave

Last sold on September 22nd, 2004

  • November, 2023

  • Nov 1, 2023

    Date

    Active

    CRMLS: 23326717

    $4,650,000

    Price

  • September, 2004

  • Sep 22, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2004

  • Sep 22, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1015 N Croft Ave

Assessed Value (2020): $236,147
Year Land Value Improved Value Assessed Value
2020 $75,522 $160,625 $236,147

Home Value Compared to the Market

This property vs the competition

1015 N Croft Ave is listed 272.3% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $722.05 per/sqft which puts the price per square foot 6.47% lower than the median price per square foot for the city of Los Angeles.

About 1015 N Croft Ave

Detailed summary of property

1015 N Croft Ave is a multi family located in Los Angeles, CA 90069 and is currently for sale. This multi family property offers 10 bedrooms, 11 bathrooms, roughly 6,440 living square feet, and sits on an approximately 6,508 square foot lot. 1015 N Croft Ave was first listed on ArdentRealEstateGroup.com on November 1, 2023. The homeowner is currently asking $4,650,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 272.3% higher than the median priced home. Local competing homes currently for sale include 1437 Cardiff Ave, 1453 S Beverly Dr and 1042 Wilcox Ave. While the average home in Los Angeles, CA is selling in 97 days, 1015 N Croft Ave has a days on market of 151 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1015 N Croft Ave Los Angeles, CA 90069 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1015 N Croft Ave

Public county record property details
Beds
10
Baths
10
Year built
1958
Sq. Ft.
6,440
Lot Size
6,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
139
APN
5529-007-024

The source for these homes facts are from public records.

90069 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,095,000
Median List Price/Sq.Ft.
$1,094
Median Sold Price
$1,400,000
Median Sold Price/Sq.Ft.
$854
Total Inventory
273
Median Sale to List Price %
100.07%
Avg Days on Market
55
Loan Type
Conventional (3.23%), FHA (0%), VA (0%), Cash (16.13%), Other (9.68%)

Tour This Home

Buy with Ardent Real Estate Group and save $17,438.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $17,438 Cash Reward New

Buy this home with Ardent Real Estate Group and get $17,438 back.

Call/Text (714) 706-1823

Homes for Sale Near 1015 N Croft Ave

Nearby Homes for Sale

1009 N Croft Ave, Los Angeles, CA 90069
$4,650,000
10 Beds
10 Baths
6440 Sq.Ft.
1009 N Croft Ave
Los Angeles, CA 90069
1005 N Croft Ave, Los Angeles, CA 90069
$4,650,000
10 Beds
10 Baths
6440 Sq.Ft.
1005 N Croft Ave
Los Angeles, CA 90069
955 N Croft Ave, Los Angeles, CA 90069
$4,925,000
13 Beds
13 Baths
6879 Sq.Ft.
955 N Croft Ave
Los Angeles, CA 90069
650 S La Jolla Ave, Los Angeles, CA 90048
$4,450,000
12 Beds
12 Baths
10858 Sq.Ft.
650 S La Jolla Ave
Los Angeles, CA 90048
1627 N Poinsettia Pl, Los Angeles, CA 90046
$5,495,000
22 Beds
24 Baths
14817 Sq.Ft.
1627 N Poinsettia Pl
Los Angeles, CA 90046
1100 S Corning St, Los Angeles, CA 90035
$5,500,000
14 Beds
14 Baths
9993 Sq.Ft.
1100 S Corning St
Los Angeles, CA 90035
6708 Willoughby Ave, Los Angeles, CA 90038
$3,999,999
13 Beds
10 Baths
8784 Sq.Ft.
6708 Willoughby Ave
Los Angeles, CA 90038
1908 Hillcrest Rd, Los Angeles, CA 90068
$5,500,000
12 Beds
11 Baths
6985 Sq.Ft.
1908 Hillcrest Rd
Los Angeles, CA 90068

Recently Sold Homes Near 1015 N Croft Ave

1016 N Croft Ave, Los Angeles, CA 90069
$2,400,000 Last Sold Price
5 Beds
4 Baths
3488 Sq.Ft.
1016 N Croft Ave
Los Angeles, CA 90069
1006 N Croft Ave, Los Angeles, CA 90069
$2,551,500 Last Sold Price
4 Beds
2 Baths
2834 Sq.Ft.
1006 N Croft Ave
Los Angeles, CA 90069
1000 N Croft Ave, Los Angeles, CA 90069
$3,523,500 Last Sold Price
8 Beds
4 Baths
4880 Sq.Ft.
1000 N Croft Ave
Los Angeles, CA 90069
955 N Croft Ave, Los Angeles, CA 90069
$3,250,000 Last Sold Price
12 Beds
12 Baths
6879 Sq.Ft.
955 N Croft Ave
Los Angeles, CA 90069

Related Resources to 1015 N Croft Ave

New Listings in 90069
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call