1001 N Croft Avenue, Los Angeles, CA 90069

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1001 N Croft Avenue,Los Angeles, CA 90069
$3,910,000
  • 14 Beds
  • 14 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: john swartz, jacqueline carroll
Office: compass310-230-5478
MLS#:26876191
Source:CRMLS

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Price summary

  • Price:$3,910,000

About this home

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 significantly 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,...

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Home facts

  • Year built:1988
  • Listing ID #:26876191
  • Added:77 day(s) ago
  • Updated:November 12, 2026 at 08:34 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:14
  • Kitchen Description:Dishwasher, Microwave, Refrigerator

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1988

Finances and disclosures

  • Price:$3,910,000

Features and amenities

  • Appliances:Dishwasher

Parking

  • Total parking spaces:15
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