112 S Croft Ave, Los Angeles, CA 90048 - View 1
112 S Croft Ave, Los Angeles, CA 90048 - View 2
112 S Croft Ave, Los Angeles, CA 90048 - View 3
112 S Croft Ave, Los Angeles, CA 90048 - View 4
112 S Croft Ave, Los Angeles, CA 90048 - View 5
112 S Croft Ave, Los Angeles, CA 90048 - View 6
112 S Croft Ave, Los Angeles, CA 90048 - View 7
112 S Croft Ave, Los Angeles, CA 90048 - View 8
112 S Croft Ave, Los Angeles, CA 90048 - View 9
112 S Croft Ave, Los Angeles, CA 90048 - View 10

112 S Croft Ave, Los Angeles, CA 90048

List Price: $2,695,000On Market FlagOn market
Jun 18, 20254,216 sqft6 beds0 baths
Listed by: Jason Tuvia
License #: 01772495
Phone #: 818-212-2735
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25554171

Property Description

We are pleased to present a 7,495 square foot (SF) development site located at 112 South Croft Avenue in Los Angeles, California. The single lot is located in a prime Beverly Grove location, south of Beverly Boulevard and west of La Cienega Boulevard. Located in a very prime Beverly Grove neighborhood, this rare offering features one parcel of land totaling 7,495 SF. Zoned LAR3-1 with Tier 2 TOC benefits, the property presents a prime development opportunity just steps from iconic destinations like the Beverly Center. With no history of tenancy and no replacement requirements, this blank canvas allows for multiple strategic approaches to maximize potential value. Under the CHIPS program, developers can build up to 22 units, making this a high-potential site in one of Los Angeles' most dynamic urban hubs. Another great option for this site would be to build for sale townhomes which are selling in the neighborhood for over $900 per square foot. Just steps from the Beverly Center, Cedars-Sinai Medical Center, The Farmer's Market, and The Grove, this offering provides developers a very rare opportunity to acquire an LAR3-1 7,500 SF blank canvas lot with no history of tenancy in a market with the highest barriers to entry.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$43,998

TurboHome Estimated Value

$2,814,100

$667 sqft

High Valuation
$2,954,805
$701/sqft
Normal Valuation
$2,814,100
$667/sqft
Low Valuation
$2,673,395
$634/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$667/sqft$2,814,100

Location

Loading map...

No comparable properties found in this area.

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times