$1,100,000
For Sale

4707 Crenshaw Boulevard

Los Angeles, CA 90043
3008 sqft | 3 beds | 0.08 acres | #24378195
Listing OfficeKidder Mathews of California, Inc.
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are pleased to present to market a 100% vacant mixed-use building located along the dynamic Crenshaw Blvd corridor. The subject property is located adjacent to Leimert Park and along the new LAX-Crenshaw Metro Rail Line. This opportunity is situated along one of the most dynamic corridors in Los Angeles, with numerous neighboring developments and businesses offering a multitude of employment opportunities. Nearby developments include: a 195-unit mixed-use located adjacent to the property, the redevelopment of the Baldwin Hills Crenshaw Plaza, and various other commercial and residential projects. This property provides a unique opportunity for a new owner to either renovate and achieve market rents, or completely revamp the property to cater it to their owner- user needs. The building consists of 2 commercial retail units, plus 1 second floor residential unit, and a large garage at the rear of the property that could be repositioned into an ADU. Strategically positioned in one of the densest rental markets in Los Angeles, the subject property caters to hundreds of thousands of tenants and customers in the neighborhood, providing easy accessibility to multiple freeways as well as a number of Metro Bus and Rail stops. Contact the listing broker for additional information.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,100,000
      • MLS #24378195
      • MLS #24378195
      • Cost1100000
      • Acres0.0826
      • Square Feet3008
      • Year Built1936
      • Bedrooms3
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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