2340 Crenshaw Boulevard Los Angeles, CA ^$ 4,299,000

2340 Crenshaw Boulevard

^$ 4,299,000

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2340 Crenshaw Boulevard

Los Angeles, CA, 90016

^$ 4,299,000

Studio Baths0.0 Sq 13,390

Monthly Estimate*

^$ 30,030

2340 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 1

2340 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 2

2340 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 3

2340 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 4

Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,299,000. This 13,390 square foot home was built in 1964 on a lot size of 0.3.

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.

Multi-Family Active

Price

^$ 4,299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023323965

Features

General

Heating Wall Furnace

Zoning LAR3

Year Built 1964

Levels Two

County Los Angeles

Net Operating Income 200741.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 13164.0

Street Name Crenshaw

Standard Status Active

Year Built Source Assessor

Buyer Agent Compensation Type %

Exterior

Parking Features Carport

Lot Size Area 13164.0

Foundation Details None

Building Area Total 13390.0

Lot Size Acres 0.3

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Brice Head

Listing Agent

Cbre, Inc.

Broker

Affordability Calculator

$30,030

Per Month

Monthly Principal & Interest: $30,030
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,624

Percent of Sale Price 54%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$4,299,000	-6.52%	Price Down
10/21/2023	$4,599,000		Listed Price

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2340 Crenshaw Boulevard, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $4,299,000 with 13,390 sqft and a lot size of 0.3. 2340 Crenshaw Boulevard is a studio with 0.0 baths and was built in 1964. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/10/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2340 Crenshaw Boulevard

Multi-Family Home for sale in Los Angeles, CA

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