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Eight-Unit Apartment Building
New
For Sale
$3,795,000

1001 N Croft Ave, Los Angeles, CA 90069

Multifamily property with private outdoor space, dedicated parking, and fully equipped units in the West Hollywood and Beverly Grove corridor.

Property Size7,888 SF
Price / SF$481.11
Days on Market5

Property Features for 1001 N Croft Ave

General Information

Standard status Active
Size 7,888 SF
Total Parking Spaces 8
Property subtype MULTI_FAMILY

Units

Unit Mix 6 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 8

Amenities

gas stove
dishwasher
refrigerator
microwave
in-unit washer and dryer
granite countertops
wood flooring
central air conditioning and heat
balcony
vaulted ceilings
EV charger

Building Details

Building Size 7,888 SF
Year Built 1988
Buildings 1
Listing Agency: Compass
Listed By: John Swartz · License #01873487
Source: Carolinakramer
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 2:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1988, this eight-unit apartment property includes six two-bedroom, two-bathroom residences and two one-bedroom, one-bathroom residences. Each unit features a gas stove, dishwasher, refrigerator, microwave, in-unit washer and dryer, granite countertops, wood flooring, and central air conditioning and heat. Balconies serve every unit, with additional patios at Units 201 and 204, while top-floor residences have vaulted ceilings. Seven tandem parking spaces and one single space provide dedicated on-site parking for all units. Ownership pays water, trash, and sewer; one residence also has a tenant-installed EV charger.

The property is located at 1001 N. Croft Avenue in the West Hollywood and Beverly Grove corridor, near the Melrose District, Santa Monica Boulevard, and the West Hollywood Design District. The Beverly Center, The Grove, and Cedars-Sinai Medical Center are within a short drive, with Century City, Beverly Hills, and Hollywood employment centers minutes away.

The asset is exempt from the Los Angeles Rent Stabilization Ordinance and governed by AB 1482. In-place rents are approximately 20% below market, and seven units are eligible for the full 8.7% rent increase currently permitted under AB 1482.

Key Highlights

  • Eight‑unit property with six two‑bedroom, two‑bathroom units and two one‑bedroom, one‑bathroom units
  • Built in 1988 and exempt from the Los Angeles Rent Stabilization Ordinance
  • Every unit includes a balcony; Units 201 and 204 each have two patios

Property Analytics

Current Use

Apartments at 1001 N ... Apartment Complex 8 Unit Apartment ... Apartment Building

Suggested Use

Top Pick Daycare Center Butcher Fish Market Adult Day Care (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

6,396
Businesses Nearby

Demographics for 90069, CA

20,584
Population
15,160
Households
1.4
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
9,356
Density / Sq Mi
$110,705
Median Household Income
$80,535
Median Earnings
$2,230
Median Rent
$1,085,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with private outdoor space, dedicated parking, and fully equipped units in the West Hollywood and Beverly Grove corridor.
Where is this apartment building located?
The property is located at 1001 N Croft Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: Eight‑unit property with six two‑bedroom, two‑bathroom units and two one‑bedroom, one‑bathroom units; Built in 1988 and exempt from the Los Angeles Rent Stabilization Ordinance; Every unit includes a balcony; Units 201 and 204 each have two patios
More about this property
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