4425 Crenshaw Boulevard

    Los Angeles (City), CA 90043
    • $2,300,000
    • STATUS: Active Under Contract
    • ON SITE: 101 days
    • ID#: SR20032973
    Under Contract
    UPDATED: 60 min ago
    $2,300,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,091
      SQFT
    • $253
      $/SQFT
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Great investment opportunity...that value add building located on the new Crenshaw train line due to open 2020. This Mix-use building has 14 units, which includes (4) retail stores, (5) 1 bed units and (5) studios all with 1 bath. The retail spaces are approximately 1200sqft. In addition there is an adjacent 3440sqft parking lot included in the this purchase. Bring your management and ride the upside to this building and community. Can be Purchased separately or with adjoining 19 unit building located at 4429 Crenshaw ave. Future transit oriented development site as well. Land is Zoned Tier 4 TOC, can build 67 units by right up to 109 units with density bonus, when developed with adjoined building. Huge upside potential. Buyer to satisfy self in regards to permits, square footage.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T22:25:31.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

    www.inlandempiresold.com/homes/103230342

    4425 Crenshaw Boulevard Los Angeles (City), CA 90043

    • Price: $2,300,000
    • Status: Active Under Contract
    • Updated: 60 min ago
    • ID#: SR20032973
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    9,091
    SQFT
    $253
    $/SQFT
    1940
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    Great investment opportunity...that value add building located on the new Crenshaw train line due to open 2020. This Mix-use building has 14 units, which includes (4) retail stores, (5) 1 bed units and (5) studios all with 1 bath. The retail spaces are approximately 1200sqft. In addition there is an adjacent 3440sqft parking lot included in the this purchase. Bring your management and ride the upside to this building and community. Can be Purchased separately or with adjoining 19 unit building located at 4429 Crenshaw ave. Future transit oriented development site as well. Land is Zoned Tier 4 TOC, can build 67 units by right up to 109 units with density bonus, when developed with adjoined building. Huge upside potential. Buyer to satisfy self in regards to permits, square footage.
    Exterior Features

    Lot Features 11-15 Units/Acre Lot Size Dimensions 6880 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Electric Expense 0.00 Gross Scheduled Income 119117.00 Insurance Expense 8000.00 Land Use Multi-FamilyRetail Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 10 Other Income1 400.00 Property Sub Type Mixed Use Special Listing Conditions Standard Total Monthly Rent 10607 Trash Expense 2772.00 Utilities Electricity ConnectedSewer Connected Water Sewer Expense 5400.00 Water Source Public

    Listing provided courtesy of Vance Edwards of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T22:25:31.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

     
    RE/MAX Empire Properties
    street
    Hemet CA, 92545