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$4,200,000   Price Analysis
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1009 N Croft Ave
Los Angeles, CA 90069
10 bed 10 bath 6,440 SqFt ($652/SqFt)
6,499SqFt lot. Built 1958
Listed 2024-06-24, Taxes $45,166
Ⓧ 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. 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 n 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 at
The Agency.


Property MLS #24-407485 from TheMLSCLAW

Bedrooms: 10

Total Bathrooms: 10
Full Bathrooms: 10

Cooling Features: Air Conditioning
Heating Features: Wall

Lot Size Acres: 0.1491965
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6499

Garage Description: On street, Tandem, Pull-through

View: Walk Street
Other Equipment: Refrigerator, Range/Oven

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
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

Tenant Pays: Cable TV, Electric, Gas

Source Listing Status: Active
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: 5529-007-025
Postal Code Plus 4: 4229
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$377,400 + $3,396,600
$3,774,000
$45,166
2021$370,000 + $3,330,000
$3,700,000
$44,610
2020$160,265 + $75,522
$235,787
$3,961
2019$157,123 + $74,042
$231,165
$3,846
2018$154,043 + $72,591
$226,634
$3,708
2017$151,023 + $71,168
$222,191
$3,603
2016$148,062 + $69,773
$217,835
$3,452
2015$145,838 + $68,725
$214,563
$3,413
2014$142,982 + $67,379
$210,361
$3,473
2013$142,336 + $67,075
$209,411
$3,457
2012$139,546 + $65,760
$205,306
$3,500
2010$136,810 + $64,471
$201,281
$3,383
2009$136,111 + $64,143
$200,254
$3,266
2009$135,788 + $63,990
$199,778
$3,266
2008$133,443 + $62,886
$196,329
$3,159
2007$130,827 + $61,653
$192,480
$3,040

Listed 2024-06-24
$4,200,000
TheMLSCLAW
Listing removed 2024-06-15
$0
TheMLSCLAW
Listed 2023-11-01
$4,650,000
TheMLSCLAW
Sold 2020-10-08
$7,400,000
Public Record
Listing removed 2014-02-27
$989
WestsideRentals
Price Changed for rent 2014-02-25
$989
WestsideRentals
Listing removed 2014-02-05
$1,489
WestsideRentals
Listed for rent 2014-01-17
$1,489
WestsideRentals
Listed for rent 2013-12-20
$1,039
WestsideRentals
Listing removed 2013-12-18
$1,039
WestsideRentals
Price Changed for rent 2013-12-17
$1,039
WestsideRentals
Listed for rent 2013-12-11
$1,089
WestsideRentals
Listing removed 2013-12-10
$1,089
WestsideRentals

Net Operating Income: 787300

Total Square Feet Living: 6440
Year Built: 1958
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 66
Levels or Stories: 2
Building Total Stories: 2
House Style: Low Rise
Year Built Source: Vendor Enhanced
Architectural Style: Low Rise

Rosewood Avenue Elementary School, School for Advanced Studies is a public elementary school located approximately 0.6 miles away.
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Fairfax Senior High School is a public high school located approximately 0.9 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 2.2 miles away.
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Pacific Hills School is a private middle and high school located approximately 0.3 miles away.
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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.