2254 Crenshaw Boulevard

Los Angeles, CA 90016

PRICE REDUCED

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-$100,000 (-8.16%)

$1,125,000

List Price

5

bed Beds

4

shower Baths

4,265 sqft

straighten / sqft

1922

calendar_month Built

Property Description

$100,000 Price Reduction. Development/conversion project for a 7 unit building to be built within the existing envelope of the current 3 units. The project will be delivered shovel ready, (RTI) with a buyer being able start the construction on day one. The new unit mix consists of 4: 2+1, 2: 1+1 and a studio. The property is to be delivered fully vacant. Approximate 7.5 Cap and 8.5 GRM after Completion based on proforma rents.

Listing Information

List Price $1,125,000
Status Active
MLS 24431977
Type Residential Income
Year Built 1922
Lot Size 7,795
Structure Size 4,265
DOM 60
Courtesy Of Marcus & Millichap
Listing Agent Jon Emrani DRE#01427038

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 4

Exterior Information

Maps

Listing information courtesy of: Jon Emrani, Marcus & Millichap 310-909-5478. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 3:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.