4 months on rocket

1005 N Croft Ave, Los Angeles, CA, 90069

$12,600,000

30 Bedrooms
30 Baths
19,320 SqFt
$652/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingGarage, Pull-through, On Street, Tandem
Year Built1959
HeatingWall Furnace
MLS #24407399
Lot Size0.45 Acres
StatusActive

About 1005 N Croft Ave

Three adjacent lots sold together, 7 units in each building, with a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. With almost all units vacant, buyers can carry out an extensive remodel or simply refresh the interiors and bring all rents to market value with a high Cap!! RTI plans, with zero low income units, can also be available for a 24-unit mid/full-service apartment complex featuring on-site staff, underground valet parking, and panoramic rooftop deck. Located in one of most desirable neighborhoods in LA, these lots offer unparalleled access to the city's finest dining, shopping, and entertainment destinations. All three properties (1005, 1009, 1015 N. Croft Ave) are listed separately in MLS as well, please see MLS#s 24-407401, 24-407485, 24-407489. Email for OM.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 2
  • Living Area: 19,320 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 400-5900
  • Listing Agent: Azy Farahmand

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 30

Exterior Features

Parking Information:

  • Parking: Garage, Pull-through, On Street, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: From Santa Monica Blvd, head south on Croft Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,600,000
  • Price Per SqFt: $652/SqFt

Tax Information:

  • Annual Amount: $10,776
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1005 N Croft Ave vs Los Angeles

145 DAYS ON ROCKET

+107 Days

$12,600,000

+$11.5M More

$652/SqFt

+$11 More

KEY TAKEAWAY

This property is $11.5M more than the Median Sold Price and $11/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24407399

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 400-5900
  • Listing Agent: Azy Farahmand

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2021Home Sold
$3,300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,776$820,479
2020$10,476$811,355
2019$10,331$795,447
2018$10,080$779,851
2017$10,080$764,560

History based on county public records data.

Payment Calculator

$62.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-464947
5
/10
  • Rosewood Avenue Elementary

  • 503 N Croft Ave

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-464948
9
/10
  • West Hollywood Elementary

  • 970 Hammond St

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-464949
4
/10
  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 1.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,576. Most Los Angeles, CA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1005 N Croft Ave

What is the listing price of this property?

The listing price of 1005 N Croft Ave property is $12,600,000.

What type of property is this?

The property 1005 N Croft Ave is a house located in Los Angeles, California, 90069.

Is this property for sale now?

Active Listing: 1005 N Croft Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,776 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2021 for $3,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1005 N Croft Ave has 30 bedrooms and 30 bathrooms.

What is the square footage of this property?

The property 1005 N Croft Ave is 19,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1005 N Croft Ave is 1959.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900691005 N Croft Ave

This home is located at 1005 N Croft Ave in Los Angeles, CA and zip code 90069 in the Central LA neighborhood. This 19,320 square foot home, which was built in 1959, sits on a 0.45 acre lot. Features: 30 bedrooms, 30 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $12,600,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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