$2,150,000
 $11,542 est/mo Sourced by Back At You

701 Crenshaw Boulevard , Los Angeles, CA 90005

Los Angeles, CA 90005

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Description

701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized 4 Unit apartment offers a tremendous value add opportunity for an experienced investor or owner occupier in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of (2) 2 Bed/1 Bath units in the back and (2) extremely large Vacant units in the front that have been split into two bedroom & studio units that can be used as short & long term rentals. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the future Crenshaw/Wilshire Metro Purple Line Extension development. There are total 6 garage parking spaces plus 2 uncovered spaces with a legal storage room above the rear that is ready to be converted into one or more ADU’s. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. VERY LOW PRICE/SF!

Details

MLS#OC24060776
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1939
Days On Site181
Listing Provided ByNohco Real Estate 213-804-7647 | Brian Noh

Features

SQ Feet6,789
Garage6
Story(s)2
Units4
Building(s)1
ZoningLAR3
Acreage0.17
Property ViewNone

Market Activity 90005

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 2 hours ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90005
AreaC18 Hancock Park Wilshire
Listing VS Median (in 90005)
Price:
$2,150,000
low | high
Med:
$8,910
100% of Average
SqFt:
6,789
low | high
Med:
1,731
100% of Average
$ / SqFt:
$317
low | high
Med:
$5
100% of Average
On Site:
181
low | high
Med:
175.500000
100% of Average
Sourced by Back At You
Listing Updated: May 25, 2024 at 9:03:34 PM PDT