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.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%. Click on Documents for Financial Spreadsheet.
Property Details
Price:
$3,200,000
MLS #:
P1-23947
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
c19beverlycentermiraclemile
Listed Date:
Dec 20, 2025
Lot Size:
7,507 sqft / 0.17 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Appliances
RF, GR
Cooling
WW
Flooring
TILE, WOOD, CARP
Heating
WL
Laundry Features
AR, CM
Exterior
Community Features
SDW, CRB
Exterior Features
LIT, RG, BLC
Parking Spots
7
Roof
SHN
Financial
Map
Community
- Address122 N Croft AV Los Angeles CA
- SubdivisionNot Applicable
- CityLos Angeles
- CountyLos Angeles
- Zip Code90048
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 21, 2025
1,473
Single Family Listed
62
Avg DOM
1,171
Avg $ / SqFt
$2,179,029
Avg List Price
Property Summary
- Located in the Not Applicable subdivision, 122 N Croft AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90048. It is listed for $3,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1956. The average price per square foot for Single Family listings in Los Angeles is $1,171. The average listing price for Single Family in Los Angeles is $2,179,029.
Similar Listings Nearby
Courtesy of Corcoran Icon Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.122 N Croft AV
Los Angeles, CA