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    1005 N Croft Ave Los Angeles, CA 90069

    For Sale
    $4,200,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    6,440 SF
    Lot size:
    0.15 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1005 N Croft Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR3
    Rooms
    Bathroom 8, Bedroom 10, Bedroom 5, Bathroom 4, Bathroom 10, Bedroom 9, Bedroom 7, Bedroom 4, Bathroom 9, Bedroom 6, Bathroom 5, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 7, Bathroom 6, Bathroom 2, Bedroom 2
    Bedrooms
    10
    Bathrooms
    10
    APN
    5529-007-026
    Parking
    10
    Parking features
    Tandem, Pull-Through, On Street
    Size
    6,440 SF
    Lot size
    0.15 Acres

    Building Details

    Year built
    1959
    Floors in Building
    2
    Number of units
    7

    The Agency (424) 230-3700 [email protected]

    Listing agent Azy Farahmand (424) 400-5900 License #01958066

    Listing date Jun 22, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seven-Unit Building in Los Angeles

    This property features a seven-unit building with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. Currently, six units are vacant, with one unit occupied by a tenant. The property is being sold together with two adjacent lots, presenting opportunities for an extensive remodel or interior refresh to bring all rents to market value. Ready-to-Issue (RTI) plans are available for all three lots, allowing for the construction of a 24-unit mid/full-service apartment complex. The complex design includes on-site staff, underground valet parking, and a panoramic rooftop deck. Situated in a desirable Los Angeles neighborhood, the location provides access to dining, shopping, and entertainment venues. The property, located at 1005 N. Croft Ave, Los Angeles, CA 90069, has a lot size of 0.1492 acres and a property size of 6,440 square feet. The zoning is LAR3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.374537
    Latitude
    34.089126

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit building with remodel potential in a desirable Los Angeles neighborhood.
    Where is this apartment building located?
    The property is located at 1005 N Croft Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - High Cap Rate Potential: Increase rental income by bringing rents to market value in 6 vacant units.; - RTI Plans Available: Ready-to-Issue plans for a 24-unit apartment complex across all three lots.; - Desirable Location: Situated in one of the most desirable neighborhoods in Los Angeles.
    (424) 400-5900
    Request Owner's contact information
    1005 N Croft Ave Los Angeles, CA 90069
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    Los Angeles, CA 90069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1005 N Croft Ave Los Angeles, CA 90069
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