This Multifamily Property is no longer advertised on LoopNet.com.

730 Crenshaw Blvd
Los Angeles, CA 90005
Near Hancock Park | 13.4 GRM | Copper Plumb. · Multifamily Property For Sale · 16 Units

Investment Highlights

  • Outstanding Wilshire Park Location -- Blocks from Hancock Park, Koreatown, and Miracle Mile
  • Excellent Repositioning Opportunity -- Current Rents Approximately 31% Below Market Rates
  • Half of All Units Thoroughly Renovated -- Amenities Include New Wood Flooring, Recessed Lighting, Stainless Steel Appliances, and Tile Backsplashes
  • Attractive Price per Unit, Price per Square Foot, CAP and GRM Relative to Recent Sales of Comparable Properties
  • New Copper Plumbing Installed in 2021, All New Vinyl Windows in 2018
  • Not on LADBS Seismic Retrofit List (Buyer to Verify)

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.30 AC
Building Size 11,208 SF
Average Occupancy 100%
No. Stories 2
Year Built 1954
Zoning R3, Los Angeles - High Density Residential

Amenities

Unit Amenities

  • Kitchen

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $1,413 600
2+1 4 $1,945 860

Property Taxes

Property Taxes

Parcel Number
5092-001-031
Land Assessment
$2,163,328
Improvements Assessment
$901,381
Total Assessment
$3,064,709
  • Listing ID: 26388269

  • Date on Market: 8/11/2022

  • Last Updated:

  • Address: 730 Crenshaw Blvd, Los Angeles, CA 90005

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