1005 N CROFT AVE LOS ANGELES, CA 90069

Features

• Price/sqft: $722
• Lot Size: 6499 sq. ft.
• Total Units: 21
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Roof Type: FLAT
• Construction Type: Wood

Facts

• Year Built: 01/01/1958
• Property ID: 829384587
• MLS Number: 23-334739
• Parcel Number: 5529-007-043
• Property Type: Townhouse or Condo
• County: LOS ANGELES
• Legal Description: TRACT # 5191 LOT/SEC 141
• Zoning: LAR3
• Listing Status: Active

Pre-Foreclosure Info

• Date Defaulted Lien: 04/30/2019
• Recording Date: 04/30/2019
• Recording Year: 2019

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. 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.