2254 Crenshaw Boulevard, Los Angeles, CA 90016

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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.


Interior Features

Bedroom Information
Bedrooms 5
Bathroom Information
Bathrooms 4

Listing Information

Address 2254 Crenshaw Boulevard
City Los Angeles
State CA
Zip 90016
County Los Angeles
Listing Agent Jon Emrani DRE #01427038
Courtesy Of Marcus & Millichap
List Price $1,125,000
Status Active
Type Residential Income
Structure Size 4,265
Lot Size 7,795
Year Built 1922

Listing information courtesy of: Jon Emrani, Marcus & Millichap. *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.