2129 Crenshaw Blvd, Los Angeles, CA 90016
- $2,225,000
- 16
- BD
- 21
- BA
- 9,520
- SqFt
Courtesy of Kidder Mathews of California, Inc., Austin Mudd - CA DRE#02101587
- List Price
- $2,225,000
- Status
- ACTIVE
- Days on Market
- 71
- Price Change
- ▼ $275,000 1785899211
- MLS#
- 26860095
- Year Built
- 1992
- Bedrooms
- 16
- Bathrooms
- 21
- Living Area
- 9,520
- Lot Size
- 7,224
- Acres
- 0.17
- MLS Area Major
- Mid Los Angeles (C16)
Property Description
2129 Crenshaw Blvd presents an excellent opportunity to acquire a fully occupied 8-unit non Los Angeles rent control apartment building built in 1992 in Arlington Heights, Adjacent to West Adams, and just minutes to Fairfax, Miracle Mile, Beverly Grove, Pico-Robertson, and Downtown. The property is comprised of a 9,520 SF structure on a LAR3-zoned lot on 7,222 land SF. The unit mix consists of (8) 2 bedroom/2 and one-half bathroom townhome-style units with in-unit washer & dryers. The property offers 15 parking stalls in a gated garage. In-place rents average $2,134 while market rents are $2,900, offering investors a 39% upside.
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Additional Information
- Air Conditioning
- Air Conditioning
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