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$4,200,000   Price Analysis
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1015 N Croft Ave
Los Angeles, CA 90069
10 bed 10 bath 6,440 SqFt ($652/SqFt)
6,508SqFt lot. Built 1958
Listed 2024-06-24, Taxes $45,156
Ⓧ 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. 1015 is sold together as a package with the two adjacent lots (1005 N Croft Ave. and 1009 N Croft Ave.) 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-servce 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, 24-407485. Email for OM.


Presented by Azy Farahmand at
The Agency.


Property MLS #24-407489 from TheMLSCLAW

Bedrooms: 10

Total Bathrooms: 10
Full Bathrooms: 10

Cooling Features: Air Conditioning
Heating Features: Wall

Lot Size Acres: 0.1494031
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6508

Garage Description: On street, Tandem, Pull-through
Parking Total: 10

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: 5529-007-024
Postal Code Plus 4: 4228
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$377,400 + $3,396,600
$3,774,000
$45,156
2021$370,000 + $3,330,000
$3,700,000
$44,600
2020$160,265 + $75,522
$235,787
$3,951
2019$157,123 + $74,042
$231,165
$3,837
2018$154,043 + $72,591
$226,634
$3,710
2017$151,023 + $71,168
$222,191
$3,604
2016$148,062 + $69,773
$217,835
$3,453
2015$145,838 + $68,725
$214,563
$3,415
2014$142,982 + $67,379
$210,361
$3,474
2013$142,336 + $67,075
$209,411
$3,459
2012$139,546 + $65,760
$205,306
$3,501
2010$136,810 + $64,471
$201,281
$3,384
2009$136,111 + $64,143
$200,254
$3,267
2009$135,788 + $63,990
$199,778
$3,267
2008$133,443 + $62,886
$196,329
$3,160
2007$130,827 + $61,653
$192,480
$3,041

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 2014-04-22
$2,189
WestsideRentals
Price Changed for rent 2014-04-12
$2,189
WestsideRentals
Listed for rent 2013-12-11
$2,289
WestsideRentals
Listing removed 2013-12-10
$2,289
WestsideRentals
Listing removed 2008-07-29
$4,200,000
ITECH
Listed 2008-01-31
$4,200,000
ITECH

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 1 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.