$1,895,000
Est. payment /mo
7,152 Sqft Lot
Active
7324 Crenshaw Los Angeles, CA 90043
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26064738
HOA Y/N No
Year Built 1961
Lot Size 7,152 Sqft
Property Sub-Type Apartment
Property Description
The subject property is a two-story walkup apartment complex consisting of a 10 unit building with an additional non-permitted unit on one parcel. The building was constructed in 1961 and has 7 (1+1), 3 (2+1) units and a non permitted studio apartment. There is a laundry room onsite, and parking for 10 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 3321-3325 West 74th Street is a 20 unit apartment building and is being offered for sale by the same ownership as a portfolio.
The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot. There are major employers just 30 minutes away in Downtown LA. The area is densely populated which results in a strong rental market.
The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot. There are major employers just 30 minutes away in Downtown LA. The area is densely populated which results in a strong rental market.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 10
Pool None
Community Features Urban
Total Parking Spaces 10
Private Pool No
Building
Lot Description 36-40 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4012015022
Energy Description 480.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Stephen Lampe Re/Max Commercial & Investment slampe@remaxcir.com, DRE #01164364
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