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Crenshaw Apartment
1167 Crenshaw Blvd, Los Angeles, CA 90019
Front View
N/A
8
5,154 SF
Multifamily
Garden/Low-Rise
Investment
2%
6.35%
100%
6,839 SF
-
Last Verified 2/23/2010
Listing ID 16304235
Description
Excellent income property on Crenshaw Blvd in Los Angeles Korean-Hispanic district. Well maintained 8 units provide stable income. One unit(#7) was vacated recently and to be occupied prior to closing of escrow.
7 units are 1 bed + 1 bath, one unit is 2 bed + 1 bath.
10 parking spaces available at both front and back of the property.
Some units are well upgraded. Recently updated to minimize maintenance. Annual min 3% increase. Great potential!!!
Easy to show. Just contact L/A 24 hours prior to showing. I will meet you there.
Currently, two units (#6,7) are vacant. Cap rate is based on full occupancy.
On busy Crenshaw Blvd between Olympic Blvd and Pico Blvd.
Densely populated and highly demanding area.
Map of 1167 Crenshaw Blvd, Los Angeles, CA 90019 (Los Angeles County)
Created 7/2/2009
Additional Information for 1167 Crenshaw Boulevard, Los Angeles, CA 90019
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P