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Property Description

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.

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: Wall Furnace
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Additional Information
The Agency
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CLW-C116585
CLW-X7901304
Azy
5529007025
: Standard
Two
32

Multi-Family For Sale

1009 Croft Avenue, Los Angeles, California 90069

6,440 Sqft
$4,650,000
Listing ID #23326709
Basic Details
Status : Active
DaysOnMarket : 27
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 23326709
Price : $4,650,000
Living Area : 6,440 Sqft
Lot Size : 6,499 Sqft
Year Built : 1958
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90069
Price Per Square Foot : $722
ModificationTimestamp : 2023-11-28 13:37:37
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