Closed

1641 Crenshaw Boulevard

$2,660,000

Property Details

Year Built: 1931
Price / Unit: $147,778
Price / SqFt: $226.81
CAP: 5.29%
GRM: 12.06

Executive Summary

  • Immediate Cash Flow with Further Rental Upside Potential
  • Charming Spanish-Style Building in an Up-and-Coming and Densely Populated Rental Market
  • Mid City Location Close to Hollywood, Koreatown, DTLA, as well as Metro and Freeways
  • Great Unit Mix with Spacious Units with Mostly All Hardwood Floors
  • Recent Electrical Upgrades Throughout – New Sub Meters – Separately Metered for Electric and Gas
  • Replumbed with Mostly Copper Plumbing
  • Six On-Site Parking Spaces
  • Opportunity to Install On-Site Laundry for Additional Income

Property Location

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