1731 Crenshaw Boulevard

    Los Angeles (City), CA 90019
    • $1,699,000
    • STATUS: Active Under Contract
    • ON SITE: 231 days
    • ID#: PW18027523
    Under Contract
    UPDATED: 6 min ago
    $1,699,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,374
      SQFT
    • $504
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    ***HUGE PRICE REDUCTION*** Completely re-built & renovated in 2014. Absolutely perfect 4-unit property for long-term investment plan with 4.28% Cap Rate. Great income property with no upkeep cost for many years to come. Easy management! New roof & new copper pipes. New central A/C, new smart energy saving tank-less water heater for each unit. New insulation throughout, new exterior stucco, paint & gorgeous hand-laid paving stone driveway and parking lot. Iron security fence with automatic entrance gate. Extra income available from the laundry. This will NOT last long! Request an Offering Memorandum for financial analysis.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-25T10:26:56.767. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/80535413

    1731 Crenshaw Boulevard Los Angeles (City), CA 90019

    • Price: $1,699,000
    • Status: Active Under Contract
    • Updated: 6 min ago
    • ID#: PW18027523
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,374
    SQFT
    $504
    $/SQFT
    1947
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    ***HUGE PRICE REDUCTION*** Completely re-built & renovated in 2014. Absolutely perfect 4-unit property for long-term investment plan with 4.28% Cap Rate. Great income property with no upkeep cost for many years to come. Easy management! New roof & new copper pipes. New central A/C, new smart energy saving tank-less water heater for each unit. New insulation throughout, new exterior stucco, paint & gorgeous hand-laid paving stone driveway and parking lot. Iron security fence with automatic entrance gate. Extra income available from the laundry. This will NOT last long! Request an Offering Memorandum for financial analysis.
    Exterior Features

    Construction Materials Stucco Exterior Features Lighting Fence YN Yes Fencing SecurityWrought Iron Garage Spaces 0.00 Lot Features 2-5 Units/AcreLandscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - BrickGatedParking Space Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Tile Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas & Electric Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 850 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating Central Furnace Heating YN Yes Interior Features Open Floor PlanRecessed Lighting Laundry Features Dryer IncludedIndividual RoomWasher Included Levels Two Room Type EntryLaundry Window Features Blinds

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.28 Community Features CurbsSidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 300.00 Gross Income 0.00 Gross Scheduled Income 98028.00 Inclusions Washer & Dryer in Laundry Room Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Licenses Expense 271.00 Maintenance Expense 3000.00 Net Operating Income 80513.00 New Taxes Expense 22128.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 17515.00 Professional Management Expense 0.00 Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN Yes Security Features Automatic Gate Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Actual Rent 8169.00 Total Expenses 28628.00 Trash Expense 0.00 Utilities Cable Available Water Sewer Expense 2000.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Ethan Baik of Coldwell Banker Best Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-25T10:26:56.767. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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