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Browse More Listings in Multifamily For Sale, Los Angeles, CA or California

Multifamily Property For Sale

Crenshaw Apartment

1167 Crenshaw Blvd, Los Angeles, CA 90019

Price:
$972,360
No. Units:
8
Building Size:
5,154 SF
Price/Unit:
$121,545
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
6%
Occupancy:
100%
Lot Size:
6,839 SF
Find Out More...

Last Verified 10/7/2009 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.

On busy Crenshaw Blvd between Olympic Blvd and Pico Blvd.
Densely populated and highly demanding area.

Financial Summary

Actual
Net Operating Income
$58,342

Map of 1167 Crenshaw Blvd, Los Angeles, CA 90019 (Los Angeles County)

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Created 7/2/2009

Additional Information for 1167 Crenshaw Boulevard, Los Angeles, CA 90019

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 2 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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.

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Multifamily Property For Sale - Crenshaw Apartment

1167 Crenshaw Blvd, Los Angeles, CA, 90019