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2234 Crenshaw Boulevard, Los Angeles, CA 90016

Show All 21 Photos
For Sale

$4,299,000

21 beds16 baths2 half baths10,110 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $425.22
    Price per square foot

  • New Construction
    Age

Explore this Property

NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX FULLY LEASED TO SECTION 8 TENANTS We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a 5.87% 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 owner s 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 seller s many other similar developments throughout Los Angeles.
MLS# PW24202422

Courtesy Of Citivest Realty Services, Inc.

(714) 553-2001

Property Features

  • Age
    New Construction, New Construction
  • Amenities
    Dock
  • Appliances
    Dishwasher, Microwave, Oven - Gas, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Modern
  • Floor Covering
    Laminate
  • Heating System
    Central Furnace
  • View Type
    City

Home seller CENTURY 21 Realty Masters

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CENTURY 21 Realty Masters

(323) 722-7300
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