Los Angeles, CA 90016,2234 Crenshaw Boulevard
Los Angeles, CA 90016,2234 Crenshaw Boulevard
Los Angeles, CA 90016,2234 Crenshaw Boulevard
Los Angeles, CA 90016,2234 Crenshaw Boulevard
Los Angeles, CA 90016,2234 Crenshaw Boulevard
Los Angeles, CA 90016,2234 Crenshaw Boulevard
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$ 4,222,000
Est. payment | /mo

10,110 SqFt


$ 4,222,000
Est. payment | /mo

10,110 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,110 sqft

Price per Sqft $417

MLS Listing ID CRPW24202422

HOA Y/N No

Year Built 2024

Lot Size 7,839 Sqft

Acres 0.18

Property Description

NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX 6% CAP FULLY LEASED TO SECTION 8 TENANTS We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a turnkey 6% Cap rate! The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, and supporting services providing high-paying and stable jobs. Mid-City overall has been a very hot market, its centralized location makes it convenient to get to the beach cities or downtown within minutes. This non-rent-controlled luxury complex is comprised of three duplexes, totaling seven new construction townhomes, each with private laundry rooms and parking for select units. The layouts are very functional and desirable among renters. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servic

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Interior Features Energy Star Lighting, Energy Star Windows Doors

Heating Other

Cooling Central Air, Other, ENERGY STAR Qualified Equipment

Flooring Laminate

Fireplace No

Appliance ENERGY STAR Qualified Appliances, Dryer

Laundry Dryer, Laundry Closet, Other, Inside, Washer

Exterior

View Y/N true

View City Lights, Other

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5060005005

Bridge MLS
Listed by Martin Fish • Citivest Realty Services, Inc

GET MORE INFORMATION

Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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2234 Crenshaw Boulevard