2129 Crenshaw Blvd presents an excellent opportunity to acquire a fully occupied 8-unit non Los Angeles rent control apartment building built in 1992 in Arlington Heights, Adjacent to West Adams, and just minutes to Fairfax, Miracle Mile, Beverly Grove, Pico-Robertson, and Downtown. The property is comprised of a 9,520 SF… Read More structure on a LAR3-zoned lot on 7,222 land SF. The unit mix consists of (8) 2 bedroom/2 and one-half bathroom townhome-style units with in-unit washer & dryers. The property offers 15 parking stalls in a gated garage. In-place rents average $2,134 while market rents are $2,900, offering investors a 39% upside. Read Less
Property listed by Kidder Mathews of California, Inc., Austin Mudd 310-259-7556
Listing Snapshot
Days Online
32
Last Updated
Beds
16
3/4 Baths
21
Square Ft.
9,520
Lot Size
0.17 Acres
Year Built
1992
MLS Number
26860095
Additional Details
Appliances & Equipment
Microwave, Dryer, Washer
Building
Built in 1992, Living area: 9520.0, 1 building, Levels: MultiSplit
Heating
Central
Income
Gross Income: $204,882, Net Operating Income: $125,710
Lot
0.1658 acres, Dimensions: 50x143
Parking
15 total parking spaces, CommunityStructure
Taxes
Parcel Number: 5061020046, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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