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2234 Crenshaw Boulevard
Los Angeles, CA 90016
NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. Construction of the final unit ADU has been completed with CofO in hand. Fully leased at market rents operating at a 5.56% 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 ownerís common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances, and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Please contact us regarding this opportunity or one of the sellerís many other similar developments throughout Los Angeles.
PROPERTY INFORMATION
| MLS # | PW24202422 | Lot Size | 7,839 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 4,325,000
Price Per SqFt: $ 428 |
DOM | 218 Days |
| Address | 2234 Crenshaw Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 10,110 Sq. Ft. |
| Postal Code | 90016 | Garage | 6 |
| County | Los Angeles | Year Built | 2024 |
| Bed / Bath | 21 / 0 | Parking | 8 |
| Built In | 2024 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, In Closet, Inside, Stackable, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven |
| Has Heating | Yes |
| Heating Information | Central, ENERGY STAR Qualified Equipment |
| Has Cooling | Yes |
| Cooling Information | Central Air, ENERGY STAR Qualified Equipment |
| Flooring Information | Laminate |
| InteriorFeatures Information | Balcony, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting |
| DoorFeatures | ENERGY STAR Qualified Doors |
| EntryLocation | Street |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | ENERGY STAR Qualified Windows |
| SecuritySafety | Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s) |
EXTERIOR FEATURES
| ExteriorFeatures | Lighting |
| FoundationDetails | Slab |
| Roof | Common Roof |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Excellent Condition |
WALKSCORE
Walk Score: 81 (Very Walkable)
Transit Score: 54 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,613
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/30/2024 | Price Change | $4,325,000 (-0.57%) |
| 09/30/2024 | Listed | $4,350,000 |
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Listing provided courtesy of Martin Fish, Citivest Realty Services, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
