$ 1,125,000
2254 Crenshaw BLVD Los Angeles, CA 90016
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$ 1,125,000
Est. payment /mo
Price Dropped by $100K
2254 Crenshaw BLVD Los Angeles, CA 90016
5 Beds
4 Baths
4,265 SqFt
UPDATED:
10/25/2024 03:23 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,265 sqft
Price per Sqft $263
MLS Listing ID 24431977
Bedrooms 5
HOA Y/N No
Year Built 1922
Lot Size 7,792 Sqft
Property Description
$100,000 Price Reduction. Development/conversion project for a 7 unit building to be built within the existing envelope of the current 3 units. The project will be delivered shovel ready, (RTI) with a buyer being able start the construction on day one. The new unit mix consists of 4: 2+1, 2: 1+1 and a studio. The property is to be delivered fully vacant. Approximate 7.5 Cap and 8.5 GRM after Completion based on proforma rents.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
Garage Assigned
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5060005001
Special Listing Condition Standard
Listed by Jon Emrani • Marcus & Millichap