2340 Crenshaw Boulevard

Los Angeles, CA 90016

PRICE REDUCED

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-$300,000 (-6.52%)

$4,299,000

List Price

20

bed Beds

20

shower Baths

13,390 sqft

straighten / sqft

1964

calendar_month Built

Property Description

A large, 2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1,000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear - open spots, as well. Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 - 4% scheduled, allowable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.

Listing Information

List Price $4,299,000
Status Active
MLS 23323965
Type Residential Income
Year Built 1964
Lot Size 13,164
Structure Size 13,390
DOM 298
Courtesy Of CBRE, Inc.
Listing Agent Brice Head DRE#01330706

Interior Features

Total Bedroom
Bedrooms 20
Total Bathroom
Bathrooms 20
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Brice Head, CBRE, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 10th, 2024 at 12:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.