Check Availability
$13,950,000
Property - For Sale

1005 N Croft Ave

Los Angeles, CA 90069
bedrooms
Studio
bathrooms
0 Bath
square feet
19320 Sqft
$13,950,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model

About This Property

Property sold RTI !!! Welcome to an exceptional investment opportunity in the heart of West Hollywood. This offering presents three adjacent lots sold together, each boasting a seven-residence building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. Situated in one of Los Angeles' most desirable neighborhoods of WEHO on Croft Avenue, these properties offer a remarkable canvas for investors and developers. With most units vacant, buyers will have the flexibility and freedom to carry out an extensive remodel or simply refresh the interiors. RTI plans are for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, panoramic rooftop decks for all residents to enjoy, and no low income units. These lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations.  Whether you're an experienced developer seeking your next project or an investor looking to enter the dynamic West Hollywood income property market by just remodeling and bringing in market rent, these properties offer endless opportunities. All three properties (1005, 1009, 1015 N. Croft Ave) are listed separately in MLS  as well,  please see MLS#s 23-298535, 23-326709, 23-326717. Email for OM.

The manager has listed the unit size as 19320 square feet.
Unit Size
19,320Ft²
Days on Market
161 days
Land Size
-
Price per sqft
$722
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1958
Listed By
Last updated: 6 months ago (CLAWCA #334739)

Price History

Date / Event Date Event Price
Nov 28, 2023 Listed by The Agency $13,950,000
Listed by The Agency

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3.5 Baths
3,287 ft²
$4,107/ft²
$13,500,000 Nov 16, 2022
-
$9,380/mo
Condo
3 Beds
4 Baths
3,880 ft²
$3,054/ft²
$11,850,000 Jan 9, 2024
-
$10,776/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1005 North Croft Avenue 1005 North Croft Avenue, West Hollywood, CA 90069
  • 2 Units for Sale
More about this Building
1005 North Croft Avenue
Want to find out who owns 1005 North Croft Avenue, West Hollywood, CA 90069? Get detailed property transactions here .

About Central LA


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