707 Crenshaw, Los Angeles, CA 90005 - 20567088 - iPro Real Estate
iPro Real Estate

iPro Real Estate

707 Crenshaw
Los Angeles, CA 90005

Pending, Multi-Family/Income Sale

For Sale

$2,095,000 $0.01 per sqft

Free Professional CMA

Listing ID : 20567088

  • Beds

    4
  • Garage

    85502
  • Lot Size

    4000 Acre
  • Year

    1940

Description

PRICE REDUCED by $155,000! - Current capitalization rate and GRM assume that vacant Unit 10 (709 #6) will be leased by buyer at market rent. 707 Crenshaw Boulevard is a ten-unit classic 1940s vintage apartment building constructed in 1940. Seller is delivering Unit 10 (709 #6) vacant. The property is a two-story, 6,362-square-foot walk-up building with wood frame and stucco construction situated on a 7,499-square foot lot. Opportunity to renovate and significantly increase rents. Parking - four single gar

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5090032008
Net Operating Income: $87,322 
Days on Market: 666 
Number of Units: 10 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR3 

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Interactive

34.060619 -118.320061 $2,095,000 20567088
707 Crenshaw, Los Angeles, CA 90005
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Area Information 90005

Population:

32,130 Up .03% since 2010
Average Income:
$68,882
Average Age:
36Years
Gender:
51.22%Male
48.78%Female
Households:
12,48125.35% with children
Average Value:
$1,354,211
Occupancy:
9.95%Owned
90.05%Rented
8.14%Vacant
Education:
21.48%High School
4.6%Associate
22.41%Bachelor
7.41%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
14.93Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

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Listed by Josh Kaplan with Transwestern Property Company