• Asking Price $4,650,000
  • Estimated Value: $3,125,731

  • 1009 N CROFT AVE LOS ANGELES, CA 90069

  • 10 Beds 10 Baths 6,440 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 1009 N CROFT AVE, LOS ANGELES, CA 90069

Features

  • Price/sqft: $722
  • Lot Size: 6499 sq. ft.
  • Total Units: 7
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1958
  • Property ID: 829386283
  • MLS Number: 23-326709
  • Parcel Number: 5529-007-025
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: TRACT # 5191 LOT/SEC 140
  • Zoning: LAR3
  • Listing Status: Active

Pre-Foreclosure Info

  • Date Defaulted Lien: 01/19/2024
  • Recording Date: 01/19/2024
  • Recording Year: 2024

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Welcome to an exceptional investment opportunity in the heart of West Hollywood. This offering presents three adjacent lots, each boasting a seven-unit building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Situated in one of Los Angeles' most desirable neighborhoods on Croft Avenue, these properties offer a remarkable canvas for investors and developers. With most units delivered vacant, buyers will have the flexibility and freedom carry out an extensive remodel or simply refresh the interiors. Also included with the sale are Ready-to-Issue (RTI) plans, streamlining the development process and generating returns sooner. RTI plans are for a 24-unit mid/full service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop decks for all residents to enjoy. These lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. Seize the chance to transform these three adjacent lots into a signature development that seamlessly blends modern aesthetics, convenient living, and urban sophistication. Whether you're an experienced developer seeking your next project or an investor looking to enter the dynamic West Hollywood market, these properties offer endless potential to shape a remarkable living experience.

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Property Brokerage: The Agency 11777 San Vicente Blvd. Suite 850 Los Angeles CA 90210
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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