Los Angeles, CA 90019 1406 Crenshaw Boulevard
$2,000,000
8 more
Presented By: Michelle K. Smith-Pullum with eXp Realty of California Inc;
SQFT • 5,270
Year Built • 1962
Home Details
We are pleased to present this investment opportunity in the Crenshaw Boulevard Corridor! This property is located in Mid-City near the Wilshire shopping district, close to public transportation, downtown LA, and minutes from the westside of LA. This seven unit investment opportunity has a mix of six (1) bedroom / (1) bathroom units and a one (2) bedroom / One (1) bath unit. One unit is vacant and has been renovated. One unit is currently undergoing renovations. There is assigned off street parking, separate meters and the building is zoned LAR3. The building is being sold with at least one vacant unit!
Presented By: Michelle K. Smith-Pullum with eXp Realty of California Inc;
Interior Features for 1406 Crenshaw Boulevard
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
General for 1406 Crenshaw Boulevard
Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash
Cap Rate3.79
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsOn Crenshaw north of Venice and south of Pico
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet7128.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income53257.0
New ConstructionNo
Number Of Units Total7
Operating Expense51321.0
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1962
ZoningLAR3
Exterior for 1406 Crenshaw Boulevard
Building Area Total5270.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x142
Lot Size Acres0.1636
Lot Size Area7128.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
