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    4425 Crenshaw Boulevard

    Los Angeles, CA 90043
    • $2,300,000
    • STATUS: Active Under Contract
    • ON SITE: 150 days
    • ID#: SR20032973
    Under Contract
    $2,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,091
      SQFT
    • $253
      $/SQFT
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Great investment opportunity...that value add building located on the new Crenshaw train line due to open 2020. This Mix-use building has 14 units, which includes (4) retail stores, (5) 1 bed units and (5) studios all with 1 bath. The retail spaces are approximately 1200sqft. In addition there is an adjacent 3440sqft parking lot included in the this purchase. Bring your management and ride the upside to this building and community. Can be Purchased separately or with adjoining 19 unit building located at 4429 Crenshaw ave. Future transit oriented development site as well. Land is Zoned Tier 4 TOC, can build 67 units by right up to 109 units with density bonus, when developed with adjoined building. Huge upside potential. Buyer to satisfy self in regards to permits, square footage.

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    Based on information from CRISNet MLS as of 2020-07-12T23:56:25.803. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-07-12T23:56:25.803. 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.
    www.randyplaice.com/homes/103229938
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    4425 Crenshaw Boulevard Los Angeles, CA 90043

    • Price: $2,300,000
    • Status: Active Under Contract
    • ID#: SR20032973
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,091
    SQFT
    $253
    $/SQFT
    1940
    Built
    Neighborhood:
    Phht - Park Hills Heights
    County:
    Los Angeles
    Area:
    Phht - Park Hills Heights
    Property Description
    Great investment opportunity...that value add building located on the new Crenshaw train line due to open 2020. This Mix-use building has 14 units, which includes (4) retail stores, (5) 1 bed units and (5) studios all with 1 bath. The retail spaces are approximately 1200sqft. In addition there is an adjacent 3440sqft parking lot included in the this purchase. Bring your management and ride the upside to this building and community. Can be Purchased separately or with adjoining 19 unit building located at 4429 Crenshaw ave. Future transit oriented development site as well. Land is Zoned Tier 4 TOC, can build 67 units by right up to 109 units with density bonus, when developed with adjoined building. Huge upside potential. Buyer to satisfy self in regards to permits, square footage.
    Exterior Features

    Parking Total 10.00 Uncovered Spaces 10.00

    Property Features

    Additional Parcels YN No Building Status Existing Current Financing Private Electric Expense 0.00 Gross Scheduled Income 119117.00 Insurance Expense 8000.00 Land Use Multi-FamilyRetail Laundry Features None Number Of Units Leased 10 Number Of Units Total 14 Property Sub Type Mixed Use Special Listing Conditions Standard Total Monthly Rent 10607 Trash Expense 2772.00 Utilities Electricity ConnectedSewer Connected Water Sewer Expense 5400.00 Water Source Public

    Listing provided courtesy of Vance Edwards, CA DRE# , of Compass.


    Based on information from CRISNet MLS as of 2020-07-12T23:56:25.803. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-07-12T23:56:25.803. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355