Income Home for Sale in Los Angeles, California (Closed)

707 Crenshaw Boulevard, Los Angeles, California 90005, US

$ 2,295,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,295,000
  • MLS ID: 21702816
  • Property Type: Income Home
  • WEB ID: PR01781686
  • Property Status: Closed
  • Lot Size: 7,499sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,295,000
  • MLS ID: 21702816
  • Property Type: Income Home
  • WEB ID: PR01781686
  • Property Status: Closed
  • Lot Size: 7,499sqft
SEE OM IN DOCS SECTION OF LISITNG. 707 Crenshaw Boulevard is a ten-unit classic 1940s vintage apartment building constructed in 1940. The unit mix consists of six guest rooms and four 2bedroom/1bathroom units with preliminary plans and survey for an Accessory Dwelling Unit. The superior location and classic building architecture provide the perfect opportunity for an investor to immediately complete their own renovation plan in the 5 vacant units with significant rental upside remaining in the 5 leased units. All two-bedroom units feature large bedrooms, open kitchens, spacious living room areas, ample storage and closet space, crown molding and significant natural light. One of the two-bedroom units (709 Unit 5) has an updated kitchen, updated bathroom and hardwood flooring throughout. All guest rooms feature open kitchenettes, large living spaces, ample closet and storage space, crown molding and significant natural light. One of the guest rooms (709 Unit 3) has laminate flooring and a partially updated kitchen. Several of the units feature dual access from both the front and rear of the unit. Each unit also features an individual water heater. Current owner will deliver preliminary plans and survey to Buyer for an Accessory Dwelling Unit. Owner will also deliver preliminary plans to convert 2bed+1bath units to 3 bed+2bath units. 5 parking spaces.

Additional Features

  • Parking spaces: 4.00
  • Listing Status: Closed
  • Listing Agent: Josh Kaplan (lic# 01934177)
  • Listing Office: Transwestern Property Company West, Inc. (lic# 01263636)
  • Selling Agent: Josh Kaplan (lic# 01934177)
  • CO-Listing Agent: John Swartz (lic# 01873487) of Beverly Hills/Greater LA
  • CO-Listing Office: John Swartz (lic# 01873487)
  • CO-Selling Agent: John Swartz (lic# 01873487)
  • CO-Selling Office: John Swartz (lic# 01873487)
  • Based on information from CRISNet MLS as of 11th January 2025 at 10:55pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
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