CA > Los Angeles
Los Angeles, CA 90019,1338 Crenshaw Boulevard
Los Angeles, CA 90019,1338 Crenshaw Boulevard
Los Angeles, CA 90019,1338 Crenshaw Boulevard
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$4,500,000
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1 Bath
0.33 Acres Lot
Pending

1338 Crenshaw Boulevard Los Angeles, CA 90019

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Richard Combs

Richard Combs

Hunter & Maddox International Inc.

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25011258

HOA Y/N No

Lot Size 0.328 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Presenting an exceptional investment opportunity in the heart of Mid City Los Angeles: two side-by-side 20-unit properties, totaling 40 studio units. Offering 15,176 SF of rentable space on a sprawling 14,281 SF lot, this property delivers a strong 5.06% current CAP rate with substantial upside potential, including a 8.63% market CAP and a 6.72 market GRM. The 34% rental upside makes this property a standout for value-add investors. Ideally situated right off Pico Blvd, it provides convenient access to the West Side and Downtown LA, ensuring high tenant demand in this central location. Don't miss this rare opportunity to acquire a prime asset in one of LAs most central neighborhoods.
Presenting an exceptional investment opportunity in the heart of Mid City Los Angeles: two side-by-side 20-unit properties, totaling 40 studio units. Offering 15,176 SF of rentable space on a sprawling 14,281 SF lot, this property delivers a strong 5.06% current CAP rate with substantial upside potential, including a 8.63% market CAP and a 6.72 market GRM. The 34% rental upside makes this property a standout for value-add investors. Ideally situated right off Pico Blvd, it provides convenient access to the West Side and Downtown LA, ensuring high tenant demand in this central location. Don't miss this rare opportunity to acquire a prime asset in one of LAs most central neighborhoods.

Location

State CA

County Los Angeles

Area Los Angeles (90019)

Zoning Public Rec

Building

Story 2

Others

Monthly Total Fees $113

Acceptable Financing Conventional

Space Rent $1,043

Listing Terms Conventional

San Diego Regional MLS (SDMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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1338 Crenshaw Boulevard

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