Contact Xavier Gomez
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730 Crenshaw Boulevard, Los Angeles, CA 90005
Priced at Only: $3,450,000
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Address: 730 Crenshaw Boulevard, Los Angeles, CA 90005
Property Location and Similar Properties
- MLS#: 26653783 ( )
- Street Address: 730 Crenshaw Boulevard
- Viewed: 2
- Price: $3,450,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1954
- Bldg sqft: 0
- Days On Market: 32
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90005
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: William William

- DMCA Notice
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Description730 Crenshaw Blvd presents a compelling multifamily investment opportunity in Wilshire Park, one of Koreatown's most desirable residential neighborhoods. Located near the intersection of Crenshaw Boulevard and Wilshire Boulevard, the property benefits from walkable access to Koreatown's dining, retail, and daily amenities, as well as proximity to the LA Metro Purple Line (D Line), which provides direct connectivity to Downtown Los Angeles and Beverly Hills and is planned to extend west to University of California, Los Angeles. The 16 unit property features a highly attractive unit mix of twelve (12) one bedroom/one bath units and four (4) two bedroom/one bath units, supporting strong rental demand and stable occupancy. Current rents are approximately 22% below market, offering an estimated $73,000 in gross annual income upside through turnover and market rent adjustments. Additionally, the property may offer the ability to add ADUs in the rear pursuant to California Senate Bill 1211, providing future density and income growth potential. Buyer to verify.
Features
Appliances
- Refrigerator
Architectural Style
- Mid Century Modern
Building Area Total
- 11208.00
Common Walls
- 1 Common Wall
Construction Materials
- Stucco
Cooling
- Wall/Window Unit(s)
Country
- US
Direction Faces
- West
Entry Location
- Ground Level w/steps
Heating
- Wall Furnace
Laundry Features
- Community
Levels
- Multi/Split
Netoperatingincome
- 204897.00
Parcel Number
- 5092001031
Parking Features
- Assigned
- Carport
- Uncovered
Pool Features
- None
Sourcesystemkey
- 26653783:CLAW
Spa Features
- None
Tenant Pays
- Gas
- Electricity
Totalexpenses
- 121342.00
Uncovered Spaces
- 14.00
Vacancyallowance
- 10090
View
- City Lights
Year Built
- 1954
Zoning
- LAR3
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com
























