1338 Crenshaw Boulevard, Los Angeles, CA 90019
  • MLS#: SB25011258 ( Multi-Family )
  • Street Address: 1338 Crenshaw Boulevard
  • Viewed: 4
  • Price: $4,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90019
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Brett Brett
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Property Type
  1. Multi-Family