$4,650,000

1009 Croft Avenue, Los Angeles 90069

6

Beds

6

Baths

6,440

Square feet

6,499

Lot Size

7

# Of Units

Listing Agent
Azy Farahmand - The Agency

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.

Facts & Features

MLS® # 23326709
Price $4,650,000
Bedrooms 6
Bathrooms 6.00
Square Footage 6,440
Lot Size 6,499
Year Built 1958
Type Residential Income
Status Active
# Of Units 7

Community Information

Address 1009 Croft Avenue
Area C10 - West Hollywood Vicinity
City Los Angeles
County Los Angeles
Zip Code 90069

Amenities

Parking Garage, Pull-through, On Street, Tandem
Garages Garage, Pull-through, On Street, Tandem
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Wall Furnace
Has Basement No
Fireplace No
# of Stories 2
Stories Two

Additional Information

Date Listed November 1st, 2023
Days on Market 185
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAzy Farahmand
OfficeThe Agency

Listing Map

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