1506 Crenshaw blvd - Office FOR SALE


Los Angeles, CA 90019- Arlington Heights
$1,395,000 USD
310-736-8484
1506 Crenshaw blvd, Los Angeles, CA for Sale
$1,395,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

1506 Crenshaw blvd
Los Angeles, CA 90019
Arlington Heights


HIGHLIGHTS

  • ADA compliant first floor with new wheelchair lift system and motorized entry door
  • Designated handicap parking space
  • New HVAC system with separate units serving each floor
  • Fully updated electrical system with new 200-amp panel
  • Built-in sound system in the sitting area
  • Flexible attic space with multiple potential uses

OVERVIEW

Extensively renovated property located in the desirable Arlington Heights neighborhood of Los Angeles. This meticulously maintained Craftsman-style SFH has been converted for office use and thoughtfully improved to meet full ADA compliance and public-use standards. Major upgrades include a fully modernized electrical system with a new 200-amp panel, all-new interior plumbing with copper hot and cold water lines, and a new HVAC system with separate units serving each floor. Additional improvements include a new roof, remodeled bathrooms, an additional half bathroom, new staircase railing, new interior doors, energy-efficient double-pane windows, a motorized entry door, a new wheelchair lift system, and a handicap parking space. The property has been freshly painted inside and out, all while carefully preserving its classic Craftsman character and charm. The flexible attic space offers a variety of potential uses. A detached garage in the back provides an excellent opportunity for additional office or creative workspace. Ideally situated in a central, walkable neighborhood close to shops, dining, and public transportation. Zoned R3 and previously used as an office, currently, a conditional use permit for community center and office use is in place and may be transferred for the same use; alternative business uses would require obtaining the appropriate variance and building permits. Buyer to independently verify.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$575 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3, TOC Tier 3 zone.

APN/PARCEL ID

5072-004-019

ASK ABOUT THIS PROPERTY

Eva JacobsKW CommercialMore Info
310-736-8484

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Eva JacobsKW CommercialMore Info
310-736-8484

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