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2109 Crenshaw Boulevard
USD 2,550,000
Property ID: 24363459
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2109 Crenshaw Boulevard ,90016
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icon 7282 SqFt
icon Built in 1992
icon USD 350/SqFt
icon 16 Beds
icon 20 Full
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Location Street View
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Interior Details
Bedrooms
16
Bathrooms
20
Interior Size
9412
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1992
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Detailed Introduction Of This Home
This 8 unit building in Mid-City represents a well kept, late vintage investment that the family has lovingly maintained. They've left room at the table however, for the new owner to make it cash-flow with over 80% upside, and a clear path to profitability. The 1992 Construction circumvents the more restrictive LA city rent regulations. In July of this year, all 8 units are eligible for an 8.8% rent increase adding an extra $13,000 to the current scheduled GSI. There are 8 huge townhome style units. (4) of them are 2 BR /2.5 BA and (4) are 2BR/2BA. The units have updated kitchens and baths, washer/dryers, all copper plumbing, and new HVAC systems (See photos). The building has subterranean parking with gated entry and parking for 17 cars. It has secure entry to the lobby and a security system with 16 cameras and on-site monitor. The location is ideal! It's only 300 yards to Starbucks, and a few blocks to Washington-Irving Library, Planet Fitness, T-Mobile store, The Market, and US Post Office. AT $270 PSF, it represents outstanding value with incredible upside.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (12)
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2109 Crenshaw Boulevard
USD 2,550,000 16 Beds
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