LENDER OWNED REO SALE!!!
THE OPPORTUNITY: 11126 Crenshaw Boulevard is a 5-unit value-add property located in Inglewood.
UNIQUE SALE OFFERING AND POTENTIAL SELLER FINANCING: 11126 Crenshaw Boulevard is being sold by the lender on title and may offer attractive financing.
TRUE VALUE-ADD POTENTIAL: Current In-Place rents are significantly below market and trail market rents by ~$795 average. A subsequent buyer can implement a comprehensive interior and exterior renovations strategy to capture a 34% loss-to-lease.
UNIT MIX: The subject property features a favorable floorplan layouts comprised of four (4) 2 Bedroom +1 Bathroom floorplans and
one (1) 3 Bedroom + 2 Bathroom floorplans. Two units are currently vacant allowing a subsequent buyer a blank canvas to begin revenue driving enhancement to unit interiors upon acquisition.
EXCELLENT ACCESSIBILITY: The subject property is situated in a quiet residential apartment enclave with excellent frontage on Crenshaw Boulevard. Residents are a short commute to the 105 Freeway, and 405 Freeway provided easy access to greater Los Angeles.
IMMEDIATE ACCESS TO MAJOR INGLEWOOD EMPLOYMENT AND ENTERTAINMENT HUBS: Strategically located with direct connectivity to the Kia Forum, SoFi Stadium, Intuit Dome, Hollywood Park, and Los Angeles International Airport (LAX). These destinations anchor thousands of jobs across entertainment, sports, hospitality, aviation, logistics, and municipal services, offering residents exceptional proximity to some of the region’s fastest-growing employment and entertainment centers