Log In/Sign Up
707-709 Crenshaw Blvd
Los Angeles, CA 90005
707 Crenshaw Blvd - 5 Vacant Units · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Significant value-add opportunity: five units vacant plus an additional 34% rental upside in current leases
- No soft-story retrofit requirement.
- Current owner will deliver preliminary plans to convert 2bed+1bath units to 3 bed+2bath units
- Classic 1940’s architecture provides excellent platform for renovation.
- Excellent unit mix: six guest rooms and four 2bed+1bath units.
- Current owner will deliver preliminary plans and survey for Accessory Dwelling Unit
Property Facts
| No. Units | 10 | Building Size | 6,362 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 0.79/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LAR3 - Residential | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,362 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Crown Molding
- Hardwood Floors
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,189 | - |
| 2+1 | 4 | $1,865 | - |
Property Taxes
| Parcel Number | 5090-032-008 | Improvements Assessment | $703,580 |
| Land Assessment | $1,569,526 | Total Assessment | $2,273,106 |
Property Taxes
Parcel Number
5090-032-008
Land Assessment
$1,569,526
Improvements Assessment
$703,580
Total Assessment
$2,273,106
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
