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.
Property Details
Property Features
Property Information:
Year Built: 1958
Stories: 2
Living Area: 6,440 SqFt
Listing Office:
Office Name: The Agency
Office Phone: (424) 400-5900
Listing Agent: Azy Farahmand
Interior Features
Interior Information:
Appliances: Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 10
Exterior Features
Parking Information:
Parking: Garage, Pull-through, On Street, Tandem
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Fairfax Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Rosewood Avenue Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: From Santa Monica Blvd, head south on Croft Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $4,650,000
Price Per SqFt: $722/SqFt
Tax Information:
Annual Amount: $44,610
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3.6M more than the Median Sold Price and $90/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23326709
Listing Office:
Office Name: The Agency
Office Phone: (424) 400-5900
Listing Agent: Azy Farahmand
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 2:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 08, 2020
Oct 08, 2020Home Sold
$7,400,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$44,610
$3,700,260
2020
$3,846
$235,787
2019
$3,708
$231,165
2018
$3,604
$226,634
2017
$3,604
$222,191
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Rosewood Avenue Elementary School
503 N Croft Ave
Distance between this listing and this school0.60 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school1.69 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.88 miles
Public Magnet Grades 1-5
Middle School
4
/10
Hubert Howe Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school2.11 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.96 miles
Public District Grades 6-8
High School
4
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school0.93 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school9.96 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school10.14 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Rosewood Avenue Elementary School
503 N Croft Ave
Distance between this listing and this school0.60 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school1.69 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.88 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Hubert Howe Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school2.11 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.96 miles
Public District Grades 6-8
Nearby Schools
4
/10
Laurel Elementary School
925 N Hayworth Ave
Distance between this listing and this school0.66 miles
Public District Grades KG-8
Assigned Schools
4
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school0.93 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school9.96 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school10.14 miles
The neighbors living near this home have an average income of $83,576. The most common annual income of people living in Los Angeles, CA is between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1009 N Croft Ave
What is the listing price of this property?
The listing price of 1009 N Croft Ave property is $4,650,000.
What type of property is this?
The property 1009 N Croft Ave is a house located in Los Angeles, California, 90069.
Is this property for sale now?
Active Listing: 1009 N Croft Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1009 N Croft Ave are: Rosewood Avenue Elementary School: GreatSchools Rating 7/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Fairfax Senior High School: GreatSchools Rating 4/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $44,610 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 8, 2020 for $7,400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1009 N Croft Ave has 10 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 1009 N Croft Ave is 6,440 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1009 N Croft Ave is 1958.
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This home is located at 1009 N Croft Ave in Los Angeles, CA and zip code 90069 in the Central LA neighborhood. This 6,440 square foot home, which was built in 1958, sits on a 0.15 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $4,650,000.
Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.