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1721 Crenshaw Boulevard

Los Angeles (City), CA 90019
  • $2,200,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PW21243003
UPDATED: 115 min ago
$2,200,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing provided courtesy of Carole Lee of New Star Realty & Investment

Description

This income property with R3 zoning has 13 bedrooms and 7 bathrooms. It is currently running as an Airbnb, all permitted with professional management. Remarkable opportunity to own it with high potential to grow more income from Airbnb. At the same time, it can be built a larger development project like apartment in the future. It is completely remodeled and updated, all new applaiances. This area is near Olympic stadium and U S C. and is also near the soccer field which is projected to be built in the near future. Please come and check this out and don't miss this great opportunity!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123058583
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1721 Crenshaw Boulevard Los Angeles (City), CA 90019

  • Price: $2,200,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 115 min ago
  • ID#: PW21243003
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
This income property with R3 zoning has 13 bedrooms and 7 bathrooms. It is currently running as an Airbnb, all permitted with professional management. Remarkable opportunity to own it with high potential to grow more income from Airbnb. At the same time, it can be built a larger development project like apartment in the future. It is completely remodeled and updated, all new applaiances. This area is near Olympic stadium and U S C. and is also near the soccer field which is projected to be built in the near future. Please come and check this out and don't miss this great opportunity!!
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Features PrivateOne Space Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances 6 Burner StoveDishwasherGas CooktopGas OvenGas Water HeaterHigh Efficiency Water HeaterMicrowaveRefrigerator Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Furnace Heating YN Yes Interior Features Multiple StaircasesBedroom On Main LevelLoft

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 8400 Fuel Expense 0 Garage YN No Gross Income 171700 Gross Scheduled Income 276000 Insurance Expense 1704 Land Lease YN No Laundry Features In Carport Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 179595 New Construction YN No New Taxes Expense 27500 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 96404 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Other Trash Expense 1200 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2400 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Carole Lee of New Star Realty & Investment