1406 Crenshaw Blvd - Apartments FOR SALE


Los Angeles, CA 90019- Arlington Heights
$2,300,000 USD
310-710-8266
1406 Crenshaw Blvd, Los Angeles, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/15
null | 1.49% Cap Rate

1406 Crenshaw Blvd
Los Angeles, CA 90019
Arlington Heights


OVERVIEW

We are pleased to present an excellent cash flow investment opportunity in the Crenshaw corridor. This property is located south of Pico Blvd and north of Venice Blvd. Residents have close proximity to all major public transportation, midtown shopping center and Wilshire Blvd. This property includes seven (7) Units which has three units which were recently updated and three (3) that are in very good condition. The zoning for the lot is LAR3 as most of the block consist of single family homes or similar apartments. The unit mix consists of (6) 1 bed / 1 Bath, and (1) 2 bed / 1 bath

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$436 USD /SF

# OF UNITS

7

PRICE/UNIT

$328,571

CAP RATE

1.49%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Florence Wright Family Trust

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR3

APN/PARCEL ID

5072-005-015

ASK ABOUT THIS PROPERTY

Sylvester WilsonThe Real Estate GroupMore Info
310-710-8266

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Sylvester WilsonThe Real Estate GroupMore Info
310-710-8266

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