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745 N Croft Ave, Los Angeles, CA 90069
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745 N Croft Ave Los Angeles, CA 90069

$3,200,000 Sold Price as of 09/27/2019
  • 4 Beds
  • 2 Baths
  • 2,852 Sq.Ft.
Sold
$3,200,000 Sold Price as of 09/27/2019 Refinance Your Mortgage
Map preview of 745 N Croft Ave, Los Angeles, CA 90069

Property Overview: 745 N Croft Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,852 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The subject property is comprised of a VACANT duplex consisting of approximately 2,852 SF on a 6,500 SF single lot located in the Beverly Grove neighborhood of L.A. just north of the incredibly popular Melrose Place. The property is situated just outside of the West Hollywood city boundary, yielding a buyer less restrictive development standards. This vibrant neighborhood and its multitude of chic and trendy restaurants, shops, green spaces, etc. is a renter's paradise. It boasts a Walkscore of 86: Very Walkable. Development potential is prime. The property is zoned (Q)R3-1, allowing for 8 units, by right. The Tier 2 designation can increase density and reduce parking, among other things. The street has one big project under construction and an even bigger one pushing towards breaking ground.

Listed by Dario Svidler | BRE #01884474 | Compass
Co-listed by Zach Krasman | BRE #01814990 | Compass
Last checked: 6 seconds ago | Last updated: August 10th, 2022 | Source CRMLS | DOM: 129

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19468960
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 745 N Croft Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5528001024
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just north of Melrose Place and mostly surrounded by West Hollywood. Between La Cienega Blvd. and Crescent Heights Blvd. and between Melrose Ave and Santa Monica Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 745 N Croft Ave

Last sold for $3,200,000 on September 27th, 2019

  • October, 2019

  • Oct 10, 2019

    Date

    Sold

    CRMLS: 19468960

    $3,200,000

    Price

  • Oct 8, 2019

    Date

    Active Under Contract

    CRMLS: 19468960

    $3,495,000

    Price

  • Jul 12, 2019

    Date

    Price Change

    CRMLS: 19468960

    $3,495,000

    Price

  • May 21, 2019

    Date

    Active

    CRMLS: 19468960

    $3,795,000

    Price

  • October, 2019

  • Oct 8, 2019

    Date

    Canceled

    CRMLS: 19468942

    $3,495,000

    Price

  • Jul 12, 2019

    Date

    Price Change

    CRMLS: 19468942

    $3,495,000

    Price

  • May 21, 2019

    Date

    Active

    CRMLS: 19468942

    $3,795,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2019

  • Sep 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,200,000

    Price

  • November, 2018

  • Nov 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,850,000

    Price

Show More

Tax History for 745 N Croft Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $3,200,000 -- --

Home Value Compared to the Market

This property vs the competition

745 N Croft Ave sold on September 27, 2019 for 193.7% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1225.46 per/sqft which puts the price per square foot 62.31% higher than the current median sale per square foot for the city of Los Angeles.

About 745 N Croft Ave

Detailed summary of property

745 N Croft Ave is a multi family that recently sold in Los Angeles, CA 90069. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,852 living square feet, and sits on an approximately 6,500 square foot lot. 745 N Croft Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 193.7% higher than the current median priced home. Local homes that are currently for sale include 1974 Hillcrest Rd, 930 S Mansfield Ave and 8662 Cadillac Ave. While the average home in Los Angeles, CA is selling in 93 days, 745 N Croft Ave has a days on market of 129 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 745 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 745 N Croft Ave

Public county record property details
Beds
4
Baths
2
Year built
1926
Sq. Ft.
2,852
Lot Size
6,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
168
APN
5528-001-024

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
$2,295,000
Median List Price/Sq.Ft.
$1,104
Median Sold Price
$1,850,000
Median Sold Price/Sq.Ft.
$1,065
Total Inventory
276
Median Sale to List Price %
100.05%
Avg Days on Market
66
Loan Type
Conventional (3.03%), FHA (0%), VA (0%), Cash (18.18%), Other (3.03%)

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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.

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