1005 Croft AveLos Angeles, CA 90069
21-Unit Apartment Complex, High Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- Three adjacent lots totaling 19,506 square feet in Los Angeles, CA (90069).
- 19,320 square foot, 21-unit apartment complex at 1005-1015 N Croft Avenue.
- Currently 20% occupied, with a mix of studio, one, two, and three-bedroom units.
- Asking price: $12,600,000 ($600,000 per unit, $652.17 PSF), projected 6.25% cap rate and $787,300 NOI.
- Significant redevelopment opportunity with plans for a 24-unit mid/full-service complex including amenities like valet parking and a rooftop deck.
Property Details for 1005 Croft Ave
- Property type
- Apartment buildings
- Square Feet
- 19,320 SF
- Year Built
- 1959
- Buildings
- 3
- Stories
- 2
- Units
- 21
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0890971
- Longitude
- -118.3746583
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].