CA > Los Angeles
Los Angeles, CA 90048,122 N Croft AVE
Los Angeles, CA 90048,122 N Croft AVE
Los Angeles, CA 90048,122 N Croft AVE
Los Angeles, CA 90048,122 N Croft AVE
Los Angeles, CA 90048,122 N Croft AVE
Los Angeles, CA 90048,122 N Croft AVE
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Aperture Caribbean

Aperture Caribbean

+1(888) 903-9611
$ 3,200,000
Est. payment | /mo
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$ 3,200,000
Est. payment | /mo
Save Virtual Tour

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-23947

HOA Y/N No

Year Built 1956

Property Description

Beverly Grove | 8-Unit Apartment | PRIME LocationWelcome to 122 North Croft Avenue a' a rare investment opportunity in one of Los Angeles' most sought-after rental corridors. Located in the heart of Beverly Grove, this charming 8-unit apartment building boasts a long and stable rental history, making it ideal for investors seeking dependable cash flow and long-term upside.Nestled between Beverly Hills, West Hollywood, and Hollywood, the property offers unbeatable access to LA's most vibrant dining, shopping, and employment centers. Tenants enjoy a walkable lifestyle just moments from The Grove, Cedars-Sinai, Melrose Avenue, and premier retail on Beverly Boulevard.This meticulously maintained building benefits from an ideal tenant profile and consistent occupancy, supported by the area's high rental demand and low turnover. Whether you're seeking a core investment or a value-add opportunity through modernization, 122 North Croft offers the perfect blend of location, stability, and potential.Roof replaced in 2020. Water heater replaced in 2025. Main Electrical Panel, and subpanel/disconnects replaced in November 2025.Unit 8 is currently owner occupied & not generating any rent. Owner will be moving out on or before November 30, 2025. Upon leasing of unit 8 (2BD,2BA, ~1,150sqft), between $3.300-$3,400/month, GOI: $218,316 - expenses of $42,836= NOI: $176,480.00. Cap rate 5.5%. Please contact Bryan Hogge (925)437-8181 or Maya Lazich (310)437-3818 for all financial analysis questions. Click on Documents for Financial Spreadsheet.Loopnet Link: https://www.loopnet.com/Listing/122-N-Croft-Ave-Los-Angeles-CA/37464452/

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Interior

Interior Features Balcony, Open Floorplan

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Balcony, Lighting, Rain Gutters

Parking Features Carport, On Street

Carport Spaces 7

Fence Block, Wood

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

Roof Type Shingle

Porch Balcony

Total Parking Spaces 7

Private Pool No

Building

Lot Description Front Yard, Sprinklers On Side

Faces West

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 5511012008

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Trust

Virtual Tour https://www.122ncroftave2-6-8.com/unbranded

CRMLS – RECore
Listed by Maya Lazich Corcoran Icon Properties

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Aperture Caribbean
Aperture Caribbean

+1(888) 903-9611 | aperturecaribbean@apertureglobal.com

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122 N Croft AVE