1406 Crenshaw, Los Angeles, CA 90019

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List Price
$1,300,000
Status
ACTIVE
MLS#
SB26228309
Year Built
1962
Lot Size
7,128
Acres
0.16
Lot Location
6-10 Units/Acre
Days on Market
2
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Welcome to this fantastic investment opportunity in one of the most desirable rental markets in Los Angeles City. This apartment building is located in the Midtown Crenshaw area. The building is in the Crenshaw corridor, Midtown and Wilshire District, it's within walking distant to a number of restaurants, cafes and shopping centers. MTA public transportation is very accessible, and the 10 Freeway. The building has been well maintained and four (4) of the Units have been recently upgraded. There is a total of seven (7) units, consisting of six 1 bedroom / 1 bathroom & one unit (1) with 2 bedrooms / 1 bath. The is one assigned parking space for each unit in the back of the building. All of the units have their own Gas & Water meters. The building is subject to Los Angeles Rent Stabilization Ordinance (RSO) guidelines.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Gas
Exterior Construction
Stucco
Roof
Flat Tile
Water
Public
Attached Structure
Detached
Number Of Units Total
7
Gross Scheduled Income
$102,811
Operating Expense
31393

Listing courtesy of Listing Agent: Sylvester Wilson Jr. (sylvesterwilsonreal@gmail.com) from Listing Office: Pellego, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.