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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 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 11,208 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1954 |
| Zoning | R3, Los Angeles - High Density Residential | ||
| 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
| Parcel Number | 5092-001-031 | Improvements Assessment | $901,381 |
| Land Assessment | $2,163,328 | Total Assessment | $3,064,709 |
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
The Miracle Mile Multifamily Property at 730 Crenshaw Blvd, Los Angeles, CA 90005 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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