$4,200,000 Price Analysis   ♡   Los Angeles, CA 90069 10 bed 10 bath 6,440 SqFt ($652/SqFt) 6,499SqFt lot. Built 1959 Listed 2024-06-24, Taxes $39,656 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
A 7 unit building
With a mix of studio, one-bedroom, two-bedroom and three-bedroom residences. With 6 vacant units, one tenant in. 1005 is sold together as a package with the two adjacent lots. Buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap!! 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-sit staff, underground valet parking and panoramic rooftop deck.
Located in one of most desirable neighborhoods in LA, t hese 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 24-407485, 24-407489. Email for OM.
Presented by Azy Farahmand at
The Agency.
Property MLS #24-407401 from TheMLSCLAW
Full Bathrooms: 10
Heating Features: Wall
Lot Size Dimensions: 50x130
Lot Size Source: Owner
Lot Size Square Feet: 6499
Parking Total: 10
Other Equipment: Refrigerator, Range/Oven
Calculated Total Monthly Association Fees: 0
Number of Units: 7
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 2900, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 10500, 3 BedsTotal: 2, 3 BathsTotal: 2, 3 SquareFeet: 10200, 4 BedsTotal: 3, 4 BathsTotal: 2, 4 SquareFeet: 5500
County: Los Angeles
Cap Rate: 6.25
Directions: From Santa Monica Blvd, head south on Croft Avenue.
Source Property Type: Residential Income
Area: West Hollywood Vicinity
Source Neighborhood: West Hollywood Vicinity
Owner Pays: Gardener, Water
Parcel Number: 5529-007-026
Postal Code Plus 4: 4230
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,980,000 + $1,320,000 $3,300,000 | $39,656 |
| 2021 | $557,444 + $262,315 $819,759 | $10,776 |
| 2020 | $551,729 + $259,626 $811,355 | $10,872 |
| 2019 | $540,911 + $254,536 $795,447 | $10,476 |
| 2018 | $530,305 + $249,546 $779,851 | $10,331 |
| 2017 | $519,907 + $244,653 $764,560 | $10,079 |
| 2016 | $509,713 + $239,856 $749,569 | $9,795 |
| 2015 | $502,057 + $236,254 $738,311 | $9,662 |
| 2014 | $492,223 + $231,627 $723,850 | $9,736 |
| 2013 | $489,999 + $230,581 $720,580 | $9,721 |
| 2012 | $480,392 + $226,060 $706,452 | $9,848 |
| 2010 | $470,973 + $221,628 $692,601 | $9,581 |
| 2009 | $468,565 + $220,495 $689,060 | $9,237 |
| 2009 | $467,454 + $219,972 $687,426 | $9,237 |
| 2008 | $459,378 + $216,172 $675,550 | $8,866 |
| 2007 | $450,371 + $211,934 $662,305 | $8,564 |
$4,200,000
TheMLSCLAW
Listing removed 2024-06-15
$0
TheMLSCLAW
Listed 2023-11-01
$4,650,000
TheMLSCLAW
Sold 2021-07-15
$3,300,000
Public Record
Listing removed 2008-08-12
$2,200,000
ITECH
Listed 2008-03-11
$2,200,000
ITECH
Listing removed 1998-09-23
$695,000
ITECH
Listed 1998-05-22
$695,000
ITECH
Year Built: 1959
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 65
Levels or Stories: 2
Building Total Stories: 2
House Style: Low Rise
Year Built Source: Vendor Enhanced
Architectural Style: Low Rise
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.