1005-1015 N Croft Ave - Apartments FOR SALE


Los Angeles, CA 90069
$12,600,000 USD
310-710-8841
1005-1015 N Croft Ave, Los Angeles, CA for Sale
$12,600,000 USD
Apartments - FOR SALE
1/7
null | 6.25% Cap Rate

1005-1015 N Croft Ave
Los Angeles, CA 90069


HIGHLIGHTS

  • RTI Plans Available
  • Mostly Vacant
  • Central Location

OVERVIEW

Three adjacent lots sold together, 7 units in each building, with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. With almost all units vacant, buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap!! RTI plans, with zero low income units, can also be available for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop deck. Located in one of most desirable neighborhoods in LA, these lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations.

FOR SALE DETAILS

PRICE

$12,600,000 USD

PRICE/SF

$652 USD /SF

# OF UNITS

21

PRICE/UNIT

$600,000

CAP RATE

6.25%

% LEASED

19%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

LAR3

APN/PARCEL ID

5529-007-024,5529-007-025,5529-007-026

ASK ABOUT THIS PROPERTY

Azy FarahmandThe AgencyMore Info
310-710-8841

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Azy FarahmandThe AgencyMore Info
310-710-8841

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.