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1001 N Croft Avenue

Los Angeles, CA 90069
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Bed 14

Bed

Bath 14

Bath

SqFt7,888

Sqft

SqFt6,500

Sqft(Lot)

1001 N. Croft Avenue, an eight-unit multifamily investment opportunity in one of Los Angeles' most supply-constrained rental submarkets. Built in 1988, the property is exempt from the Los Angeles Rent Stabilization Ordinance (LARSO) and is governed solely by AB 1482, giving ownership meaningful flexibility rarely found in this location. In-place rents sit approximately 20% below market, and because the property falls outside LARSO, a new owner can immediately implement the full 8.7% rent increase currently permitted under AB 1482 on seven of the eight units. This combination of day-one income growth and long-term mark-to-market upside, in a non-rent-controlled asset west of La Brea, positions 1001 N. Croft Avenue as a rare opportunity to acquire durable cash flow with a clear path to signi ficantly higher returns.The unit mix consists of six spacious two-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. Each unit is fully equipped with a gas stove, dishwasher, refrigerator, microwave, and in-unit washer and dryer, complemented by granite countertops and wood flooring throughout. Central air conditioning and heat in every unit further distinguishes the property from its competitive set. Private outdoor space is a defining feature: every unit enjoys a balcony, while Units 201 and 204 each feature two patios, and top-floor units are enhanced by vaulted ceilings. Parking is well provided seven tandem spaces and one single space give every unit dedicated on-site parking, and one unit has been upgraded with a tenant-installed EV charger. Utility structure is investor-friendly, with ownership responsible only for water, trash, and sewer.1001 N. Croft Avenue sits in the heart of the West Hollywood / Beverly Grove corridor, one of the most desirable and consistently high-performing rental locations in Los Angeles. Residents are moments from the Melrose District's shopping and dining, the Santa Monica Boulevard commercial corridor, and the design showrooms of the West Hollywood Design District. The Beverly Center, The Grove, and Cedars-Sinai Medical Center one of the region's largest employers are all within a short drive, with the employment centers of Century City, Beverly Hills, and Hollywood's studio and media campuses minutes away.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,795,000

AD Id : 90087491

MLS Id : 26876191

Beds : 14

Lot Size : 6,500 Sqft

Living Area Size : 7,888

Year Built : 1988

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 14

    Bathroom Information

    Total Baths: 14
  • Interior Features

    Appliances: Dishwasher, Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1988
    Building Area Total: 7888
    Private Pool: No

  • Lot Information

    Main Square Feet: 6500 Lot Size Acres: 0.1492 Lot Size Square Feet: 6,500

  • Listing Price Information

    Listing Price: $3795000

  • Tax Information

    Parcel Number: 5529007027

  • Parking Information

    Parking Total: 15

  • Location Information

    Direction: On the corner of Romaine St and N Croft Ave
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Nearby Home Value

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8116 Laurel View Drive, Los Angeles, CA, 90069 $23,500,000 7 11 11,155 18,308 Sqft
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1772 N Crescent Heights.., Los Angeles, CA, 90069 $7,995,000 6 7 8,200 16,085 Sqft
8230 Hollywood Boulevard, Los Angeles, CA, 90069 $2,900,000 3 2 2,742 7,074 Sqft
8411 Hollywood Boulevard, Los Angeles, CA, 90069 $4,995,000 3 2 2,130 7,632 Sqft
8246 Woodshill Trail, Los Angeles, CA, 90069 $2,975,000 4 4 4,041 6,135 Sqft
8276 Woodshill Trail, Los Angeles, CA, 90069 $3,900,000 4 3 2,814 5,201 Sqft
1635 Woods Drive, Los Angeles, CA, 90069 $20,000,000 2 2 2,200 12,414 Sqft
8289 Hollywood Boulevard, Los Angeles, CA, 90069 $2,350,000 3 3 1,654 4,866 Sqft
8233 Roxbury Road, Los Angeles, CA, 90069 $4,950,000 5 5 5,072 5,693 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/03/2026 @ 13:49

MLS: 26876191 LISTED BY: John Swartz, Compass 310-230-5478 SOURCE: CRMLS

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