5107 Crenshaw Boulevard, Los Angeles, CA 90043
  • MLS#: PW25032599 ( Apartment )
  • Street Address: 5107 Crenshaw Boulevard
  • Viewed: 5
  • Price: $2,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1934
  • Bldg sqft: 0
  • Days On Market: 27
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90043
  • Provided by: Younglewin Advisors, Inc.
  • Contact: Jackson Jackson
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 5107 Crenshaw Blvd, a turnkey six unit apartment style building in the Windsor Hills neighborhood of Los Angeles to market. The front structure consists of a charming Tudor style brick faade four plex that has was fully renovated in 2024 and two brand new three bed/three bath ADU's were built in the rear of the property. The front four plex consisted of (1) four bed/four bath unit, (1) 3 bed/2 bath unit, and (2) studio units. The two new ADU's consist of (2) three bed/three bath units. Located adjacent to an affluent single family neighborhood, homes one block west on S Victoria Ave sell for at least $1,000,000. The property is currently operating as a short term rental with the front four units fully furnished. Due to the high bedroom/bathroom count and almost every bedroom having an attached bathroom, the property lends itself well to a co living type of operator. This is a fifteen bed/fourteen bath property it potentially could be a great fit for a subsidized charitable organization to own to house individuals as part of a shared living program that could move into a brand new building with historic charm walking distance to the Expo line for easy public transit around LA. A private investor could also lease the units to market tenants and with proven projected rents and operate at a 6.5% cap rate and a 10.71 GRM.
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Features
Building Area Total
  1. 5799.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 17
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 5800.00
Laundry Features
  1. Gas & Electric Dryer Hookup
Levels
  1. Two
Lot Features
  1. Front Yard
Netoperatingincome
  1. 175412.00
Parcel Number
  1. 5013017013
Pool Features
  1. None
Postalcodeplus4
  1. 1853
Professionalmanagementexpense
  1. 12600.00
Property Type
  1. Apartment
Sewer
  1. Private Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 432122098:CRM
Totalexpenses
  1. 69028.00
Trash Expense
  1. 2100.00
Vacancyallowance
  1. 7560
Water Sewer Expense
  1. 5800.00
Water Source
  1. Public
Year Built
  1. 1934
Year Built Source
  1. Assessor
Zoning
  1. LAR4