724 N Croft Avenue 307, Los Angeles, California 90069, Los Angeles, 90069 - 1 bed, 2 bath
724 N Croft Avenue 307
Los Angeles, California 90069
Property Price
SUMMARY
Analysis of 724 N Croft Avenue 307, Los Angeles, California 90069 is currently available with a list price of $1,400,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2021, making it a new construction. The listing explicitly details high-end, modern finishes throughout, including 'Noir 7 wide-plank hardwood flooring,' 'Snaidero cabinetry,' 'Caesar stone countertops,' and a 'premium Sub-Zero and Wolf appliance suite' in the kitchen. The bathrooms also feature contemporary designs with quality materials like Caesar stone. The images confirm a pristine, virtually new condition with no signs of wear or deferred maintenance, meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location
Ideally situated steps from Melrose Place in West Hollywood, offering a vibrant, walkable lifestyle with access to high-end boutiques, world-class dining, and entertainment.
- Luxury Finishes & Appliances
Features high-end materials including Noir 7 wide-plank hardwood flooring, Snaidero cabinetry, Caesar stone countertops, and a premium Sub-Zero and Wolf appliance suite.
- New Construction
Built in 2021, this residence offers modern design, contemporary standards, and minimal immediate maintenance concerns typical of newer properties.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The $921 monthly association fee is substantial and adds significantly to the overall cost of ownership, which may deter some potential buyers.
- Limited Bedroom Count
As a 1-bedroom unit, it caters to a smaller demographic, potentially limiting the buyer pool and future resale appeal compared to properties with more bedrooms.
- High Price Point for Unit Size
The $1.4 million asking price for a 1-bedroom, 1.5-bath unit, despite its luxury features and location, represents a significant investment for its square footage, potentially narrowing the market.
About 724 N Croft Avenue 307
Discover refined urban living in this stunning, dual-level home, offering 1 bedroom, 1.5 baths, and a private rooftop terrace with sweeping city views. Ideally located just steps from the iconic Melrose Place in one of Los Angeles' most vibrant and walkable neighborhoods, this residence epitomizes modern sophistication. Throughout the home, Noir 7 wide-plank hardwood flooring sets a dramatic tone, complemented by a sleek, modern palette of dark and light grey finishes. The open-concept kitchen is a contemporary masterpiece, featuring dark lead resin and matte grey Snaidero cabinetry, elegant Caesar stone countertops, and a premium Sub-Zero and Wolf appliance suite, perfect for both everyday living and stylish entertaining. The baths are equally impressive, adorned with bright, pure white Caesar stone countertops, while the master bath offers a serene retreat with a standalone soaking tub. This thoughtfully designed home blends luxury and comfort in every detail. Enjoy the convenience and luxury of concierge service-person, ready to cater to your every need. EV charging onsite at no additional cost. Conveniently located in the heart of West Hollywood, this property is just steps away from trendy boutiques, world-class dining, and vibrant entertainment options.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2021
- Lot Size
- 26,006 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $921.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,244 | 1,301 | 42% |
| Lot Size | 26,006 | 32,240 | 32% |
| Price | $1.40M | $999.0K | 72% |
| Price per sq ft | $1.1K | $759 | 83% |
| Built year | 2021 | 1973 | 92% |
| HOA | $921.0 | $790 | 70% |
| Days on market | 277 | 179 | 91% |
Pricing History
Listed for Sale
Jun 2, 2025
$1,400,000
Initial Listing
Sold
Dec 1, 2022
$1,375,000
Public Record