730 Crenshaw Blvd | Los Angeles, CA 90005
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- LoopNet Team
730 Crenshaw Blvd
Los Angeles, CA 90005
Near Hancock Park | 13.4 GRM | Copper Plumb. · Residential Property For Sale · 16 Units
Investment Highlights
- Outstanding Wilshire Park Location -- Blocks from Hancock Park, Koreatown, and Miracle Mile
- Excellent Repositioning Opportunity -- Current Rents Approximately 31% Below Market Rates
- Half of All Units Thoroughly Renovated -- Amenities Include New Wood Flooring, Recessed Lighting, Stainless Steel Appliances, and Tile Backsplashes
- Attractive Price per Unit, Price per Square Foot, CAP and GRM Relative to Recent Sales of Comparable Properties
- New Copper Plumbing Installed in 2021, All New Vinyl Windows in 2018
- Not on LADBS Seismic Retrofit List (Buyer to Verify)
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.30 AC |
| Property Type | Residential | Building Size | 11,208 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | Number of Floors | 2 |
| Building Class | C | Year Built | 1954 |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 11,208 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1954 |
Unit Amenities
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 12 | £1,413 | 600 |
| 2+1 | 4 | £1,945 | 860 |
PROPERTY TAXES
| Parcel Number | 5092-001-031 | Improvements Assessment | £695,345 |
| Land Assessment | £1,668,838 | Total Assessment | £2,364,183 |
PROPERTY TAXES
Parcel Number
5092-001-031
Land Assessment
£1,668,838
Improvements Assessment
£695,345
Total Assessment
£2,364,183
zoning
| Zoning Code | R3, Los Angeles (High Density Residential) |
| R3, Los Angeles (High Density Residential) |
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