7324 Crenshaw, Los Angeles, CA 90043
$1,895,000
Est. payment /mo
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3 Beds
3 Baths
7,151 Sqft Lot
Active

7324 Crenshaw Los Angeles, CA 90043

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26064738

Bedrooms 3

Lot Size 7,151 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

The subject property is a two-story walkup apartment complex consisting of a 10 unit building with an additional non-permitted unit on one parcel. The building was constructed in 1961 and has 7 (1+1), 3 (2+1) units and a non permitted studio apartment. There is a laundry room onsite, and parking for 10 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 3321-3325 West 74th Street is a 20 unit apartment building and is being offered for sale by the same ownership as a portfolio. The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot. There are major employers just 30 minutes away in Downtown LA. The area is densely populated which results in a strong rental market.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Florence on Crenshaw

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4012015022


MLS Router / San Diego MLS
Listed by Stephen Lampe, DRE#01164364 Re/Max Commercial & Investment 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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7324 Crenshaw