
Multifamily listing
556 n croft
sold in
West Hollywood
10 Units in West Hollywood @ 13.36 GRM & 4.77% CAP
Sold At
$
2,095,000
10
Number of Units
1961
Year Built
8,912
SF
Square Footage
6,499
SF
Lot Size
N/A
Zoning
556 N Croft Ave, Los Angeles, CA 90048
About the Property
Prime location, near La Cienega & Melrose. 35% UPSIDE IN RENTS. Some units recently updated w/ new carpet, fresh paint, new blinds, new appliances, and new fixtures. Upstairs units have private balconies. On-site laundry provides additional income. 10 gated, secure parking spaces. Well-maintained building in excellent condition. Light and spacious units, averaging almost 900 square feet.
Prime location, near La Cienega & Melrose
35% UPSIDE IN RENTS
Some units recently updated with new carpet, fresh paint, new blinds, new appliances, and new fixtures
On-site laundry provides additional income
10 gated, secure parking spaces
Well-maintained building in excellent condition
Light and spacious units, averaging almost 900 square feet
New water heater w/ warranty
556 N Croft Avenue
WeHo / Beverly Hills
Listed Price
$
Number of Units
10 Units
Price per. Unit
$209,500
Bldg. Size
8,912 SF
Price per Foot
$235
Lot Size
6,499 SF
Year Built
1961
Current CAP
4.77%
Market CAP
7.10%
Zoning
N/A
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$209,500
Price p/ Sq. ft.
$235
Proforma Cap Rate
7.10%




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