1071 S Crescent Heights Blvd - Multi-Family FOR SALE


Los Angeles, CA 90035- Mid-City
$1,775,000 USD
310-382-6705
1071 S Crescent Heights Blvd, Los Angeles, CA for Sale
$1,775,000 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

1071 S Crescent Heights Blvd
Los Angeles, CA 90035
Mid-City


HIGHLIGHTS

  • Architecturally Significant Spanish Duplex located in the heart of Carthay Square
  • Spacious 3-Bedroom units averaging over 1,700 SF per unit
  • ADU Potential in the rear (Buyer to Verify)
  • Located on a gorgeous stretch of Crescent Heights Blvd just South of Olympic

OVERVIEW

Presenting an exceptional Spanish Duplex located in the heart of Carthay Square, perhaps one of the most architecturally significant areas in all of Los Angeles. 1071-73 Crescent Heights Boulevard is a 3,587 SF property, comprised of two 3-Bedroom units averaging over 1,700 SF per unit. Built in 1933, this charming duplex property exudes timeless 1930s appeal. Zoned R2-1-O-HPOZ, it is positioned within the dynamic landscape of Los Angeles, with the potential for Accessory Dwelling Units to be constructed in the rear (Buyer to Verify). This property embodies historical charm, making it an attractive proposition for the astute investor seeking a prime asset in such a finely-appointed pocket of Los Angeles. Both units feature spacious layouts, original decorative tile in the kitchens and bathrooms true to the property's 1930s roots - along with updated electrical subpanels and in-unit Washer/Dryers. The property is fully-tenanted and will be delivered as such.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$495 USD /SF

# OF UNITS

2

PRICE/UNIT

$887,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1930s Duplex on Iconic Crescent Heights Blvd.

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,505 SF

ZONING

R2-1-O-HPOZ

APN/PARCEL ID

5087-013-029

ASK ABOUT THIS PROPERTY

Everett WongGreysteelMore Info
310-382-6705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Everett WongGreysteelMore Info
310-382-6705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.