Property Photo: 122 N Croft Avenue CA 90048

Listing Courtesy of: CRMLS / Corcoran Icon Properties / Maya Lazich

122 N Croft Avenue West Hollywood, CA 90048

Active (57 Days)

$3,200,000 ^(USD)

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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.Unit 8 is currently owner occupied & not generating any rent. Owner will be moving out on or before close of escrow. Upon leasing of unit 8 (2BD,2BA, ~950sqft), immediate realized Pro Forma is $3.100-$3,400/month, making the pro forma GOI: $217,672 - expenses= NOI: $182,057. Cap rate 5.68%. Please contact Bryan Hogge for all financial analysis questions. Bryan Hogge's direct number is (925) 437-8181.Loopnet Link: https://www.loopnet.com/Listing/122-N-Croft-Ave-Los-Angeles-CA/37464452/

MLS #:
P1-23947

Lot Size
7,507 SQFT

Type
Multifamily

Year Built
1956

County
Los Angeles County

Community
Not Applicable

Listed By

Maya Lazich, DRE #01499137 CA, Corcoran Icon Properties

Source
CRMLS
Last checked Oct 31 2025 at 12:52 AM GMT+0000

Bathroom Details

Interior Features

Balcony
Open Floorplan
Laundry: Common Area
Refrigerator
Gas Range

Subdivision

Not Applicable

Lot Information

Front Yard
Sprinklers on Side

Heating and Cooling

Wall Furnace
Wall/Window Unit(s)

Flooring

Wood
Carpet
Tile

Exterior Features

Roof: Shingle

Utility Information

Sewer: Public Sewer

Parking

Carport
On Street

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.