2129 Crenshaw Boulevard, Los Angeles, CA 90016

$2,500,000
16
BD
21
BA
9,520
SqFt

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List Price
$2,500,000
Status
ACTIVE
MLS#
26860095
Year Built
1992
Bedrooms
16
Bathrooms
21
Living Sq. Ft
9,520
Lot Size
7,224
Acres
0.17
Days on Market
13
Property Type
Multifamily
Stories
Multi Level

Property Description

2129 Crenshaw Blvd presents an excellent opportunity to acquire a fully occupied 8-unit non Los Angeles rent control apartment building built in 1992 in Arlington Heights, Adjacent to West Adams, and just minutes to Fairfax, Miracle Mile, Beverly Grove, Pico-Robertson, and Downtown. The property is comprised of a 9,520 SF structure on a LAR3-zoned lot on 7,222 land SF. The unit mix consists of (8) 2 bedroom/2 and one-half bathroom townhome-style units with in-unit washer & dryers. The property offers 15 parking stalls in a gated garage. In-place rents average $2,134 while market rents are $2,900, offering investors a 39% upside.

Additional Information

Appliances
Microwave, Dryer, Washer
Heat
Central
Attached Structure
Detached
Number Of Units Total
8

Listing courtesy of Listing Agent: Austin Mudd (austin.mudd@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.