2254 Crenshaw Boulevard
Los Angeles, CA 90016
$100,000 Price Reduction. Development/conversion project for a 7 unit building to be built within the existing envelope of the current 3 units. The project will be delivered shovel ready, (RTI) with a buyer being able start the construction on day one. The new unit mix consists of 4: 2+1, 2: 1+1 and a studio. The property is to be delivered fully vacant. Approximate 7.5 Cap and 8.5 GRM after Completion based on proforma rents.
PROPERTY INFORMATION
MLS # | 24431977 | Lot Size | 7,795 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,125,000
Price Per SqFt: $ 264 |
DOM | 251 Days |
Address | 2254 Crenshaw Boulevard | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 4,265 Sq. Ft. |
Postal Code | 90016 | Garage | N/A |
County | Los Angeles | Year Built | 1922 |
Bed / Bath | 5 / 0 | Parking | N/A |
Built In | 1922 | Status | Active |
INTERIOR FEATURES
Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,200
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/26/2024 | Listed | $1,225,000 |

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Listing provided courtesy of Jon Emrani, Marcus & Millichap. 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.