Price Reduced! - 3.65% Assumable Financing | 2336 Crenshaw Blvd
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Price Reduced! - 3.65% Assumable Financing 2336 Crenshaw Blvd
10 Unit Block of Flats £2,603,700 (£260,370/Unit) 4% Net Initial Yield Los Angeles, CA 90016
Investment Highlights
- Assumable financing @ 3.65% interest rate, call broker for full marketing package for cash flow investment with upside!
- Built 2014 - no rent control and parking garage with elec chargers for 10 cars.
- Many transportation options with 10 fwy. La Cienega, Buslines and Metro Rail - near new Costco development site.
- State of the art kitchens including w/d in each unit, granite counters, ind. water heaters.
- Convenient urban central Los Angeles locale with luxury living in this 10 unit complex.
- Newly built,high quality, eco friendly with gourmet kitchens some private balconies and sundeck.
Executive Summary
NO RENT CONTROL! Assumable financing at 3.65% available for this investment! Constructed in 2014, this modern, luxury 10 unit complex in the Lafayette Square/Mid City area of L.A. with many upscale appointments and amenities and easy access to Los Angeles top destinations and conveniences including Hollywood, Downtown L.A, Culver City and Santa Monica being near the 10 Fwy. Built to eco - friendly standards, with Elec. car charges in garage, water heaters in each unit, state of the art appliances, sun deck, individually metered, in unit laundry and gourmet kitchens, central air and heat, recessed lighting. Nearby attractions are La Brea Tarpits, L.A. Live and Sofi Stadium, USC, MOCA, and Central Business Districts of Downtown L.A., Koreatown, Hollywood and Beverly Hills. 50% Studios and 50% 1 bedrooms this gem caters to working professionals seeking upscale living environment and convenience of transportation and Freeway access throughout Los Angeles.
Property Facts
| Price | £2,603,700 | Building Class | B |
| Price Per Unit | £260,370 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 7,300 SF |
| Net Initial Yield | 4% | Average Occupancy | 100% |
| No. Units | 10 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 2014 |
| Property Subtype | Apartment | Parking Ratio | 1.37/1,000 SF |
| Apartment Style | Low Rise |
| Price | £2,603,700 |
| Price Per Unit | £260,370 |
| Sale Type | Investment |
| Net Initial Yield | 4% |
| No. Units | 10 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 7,300 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 2014 |
| Parking Ratio | 1.37/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Granite Countertops
- Wooden Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Deck
- Double Pane Windows
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 541 - 699 |
| 1+1 | 6 | - | 695 - 750 |
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 5060-004-019 | Improvements Assessment | £978,827 |
| Land Assessment | £255,785 | Total Assessment | £1,234,612 |
PROPERTY TAXES
Parcel Number
5060-004-019
Land Assessment
£255,785
Improvements Assessment
£978,827
Total Assessment
£1,234,612
zoning
| Zoning Code | LAR3 (R3) |
| LAR3 (R3) |
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CBRE, Inc.
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Price Reduced! - 3.65% Assumable Financing | 2336 Crenshaw Blvd
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