Los Angeles, CA 90016 2340 Crenshaw Boulevard
$4,299,000
Presented By: Brice Head with CBRE, Inc.;
Beds • 20
Baths • 20
SQFT • 13,390
Home Details
A large, 2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1,000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear - open spots, as well. Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 - 4% scheduled, allowable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.
Presented By: Brice Head with CBRE, Inc.;
Interior Features for 2340 Crenshaw Boulevard
Bedrooms
Total Bedrooms20
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths20
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 2340 Crenshaw Boulevard
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.67
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market298
DirectionsLa Cienega Blvd to Obama Blvd, turn right then to Crenshaw Blvd and turn left.
Full Baths
Garage Y/NNo
Gross Income356628.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet13164.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income200741.0
New ConstructionNo
NumberOfUnitsTotal20
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningLAR3
Exterior for 2340 Crenshaw Boulevard
Building Area Total13390.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3022
Lot Size Area13164.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking20.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480