5020 Crenshaw Boulevard

    Los Angeles (City), CA 90043
    • $1,400,000
    • STATUS: Active
    • ON SITE: 314 days
    • ID#: PF18000328
    UPDATED: 75 min ago
    $1,400,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,504
      SQFT
    • $254
      $/SQFT
    Type:
    Multi-Family
    Built:
    2007
    County:

    School Ratings & Info

    Description

    Rents have been increased and the price lowered. Seller is very motivated!! Outstanding real estate investment opportunity in one of the hottest rental markets in Los Angeles. This newer constructed well maintained building is located adjacent to View Park. It contains two very large three bedroom 1 1/2 bath units and two large two bedroom two full bath units. Each unit is individually metered for gas and electricity. Each unit has its own water heater. Secure on site subterranean parking with 2 tandem parking spaces and extra storage for each unit. On site laundry room located in parking area for tenant convenience. All units will be delivered occupied.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T12:28:59.373. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/79658327

    5020 Crenshaw Boulevard Los Angeles (City), CA 90043

    • Price: $1,400,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: PF18000328
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    5,504
    SQFT
    $254
    $/SQFT
    2007
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    Rents have been increased and the price lowered. Seller is very motivated!! Outstanding real estate investment opportunity in one of the hottest rental markets in Los Angeles. This newer constructed well maintained building is located adjacent to View Park. It contains two very large three bedroom 1 1/2 bath units and two large two bedroom two full bath units. Each unit is individually metered for gas and electricity. Each unit has its own water heater. Secure on site subterranean parking with 2 tandem parking spaces and extra storage for each unit. On site laundry room located in parking area for tenant convenience. All units will be delivered occupied.
    Exterior Features

    Construction Materials Stucco Exterior Features Rain Gutters Fence YN Yes Fencing Wrought Iron Garage Spaces 8.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Subterranean Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle View City Lights View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring CarpetTile Heating Wall Heater Heating YN Yes Interior Features Ceiling Fan Laundry Features CommunityIn GarageOutside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Standard Electric Expense 1200.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 82800.00 Gross Operating Income 82800.00 Gross Scheduled Income 82800.00 Insurance Expense 2616.10 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Net Operating Income 57934.00 New Construction YN No New Taxes Expense 16250.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 24866.00 Professional Management Expense 0.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 5649.00 Total Expenses 24866.00 Trash Expense 0.00 Utilities Cable Available Water Sewer Expense 4800.00 Water Source Public Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Shelle Kirk of View Heights Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T12:28:59.373. 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. Licensed in the State of California, USA.
     
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