$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.
Property Details
Price:
$1,125,000
MLS #:
24431977
Status:
Active
Baths:
0
Address:
2254 Crenshaw Boulevard
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 26, 2024
State:
CA
ZIP:
90016
Lot Size:
7,795 sqft / 0.18 acres (approx)
Year Built:
1922
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- Address2254 Crenshaw Boulevard Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2254 Crenshaw Boulevard
Los Angeles, CA
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