11026 Crenshaw Boulevard

Inglewood, CA 90303

$1,150,000
Last Sold Price
7
Beds
6
Baths
3,913 Sq. Ft.
$294 / Sq. Ft.
3,913
Sq. Ft.
$294
per Sq. Ft.

Description

Opportunity knocks at a great price for this 5 unit building in a premium location of Inglewood. Two, 2 bedroom units, three, 1 bedroom units all spacious and maintained. The building offers secured entry, boasts a private garage and on-site paid laundry for additional income. A short bike ride to SOFI stadium, LA Stadium and Entertainment District at Hollywood Park, and ONLY 1 MILE to SpaceX. Conveniently located near the 105, 110 405 freeways, LAX, 15 minutes to the ocean. This property has the...Opportunity knocks at a great price for this 5 unit building in a premium location of Inglewood. Two, 2 bedroom units, three, 1 bedroom units all spacious and maintained. The building offers secured entry, boasts a private garage and on-site paid laundry for additional income. A short bike ride to SOFI stadium, LA Stadium and Entertainment District at Hollywood Park, and ONLY 1 MILE to SpaceX. Conveniently located near the 105, 110 405 freeways, LAX, 15 minutes to the ocean. This property has the potential to be a cash cow with over $120,000 GOI! All tenants are month to month and ++Owner pays gas and electric for laundry/common area. Seller will be completing a 1031 exchange at no cost to the buyer. Gross Operating income reflected is assuming the 1 bedroom unit under eviction, is re rented by the buyer at $1895. Broker and agents do not represent or guarantee the accuracy of the square footage, condition, income, expenses, rent projections, bedroom/ bathroom count, ;lot size or lot lines/ dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. Square footage is estimated, there are no warranties or guarantees, buyer to rely solely on his/her own findings. Offer STI required to walk through the property.
  1. Listed by Pila Jessie • DRE #01324968 • Brokerage DRE #01324968 • KHORR Realty

Property Details for 11026 Crenshaw Boulevard

Zoning
INR3YY
Parcel Number
4029030028
Total Units
5.0
Living Area
3913
Source Living Area
Assessor
Area
South Inglewood (102)
Vacancy Rate
0
Lot Size Area
2905

Location

Listing Courtesy of KHORR Realty, Pila Jessie, DRE #01324968

Sold By KHORR Realty, Aaron Gray, DRE #01411295

Add your commute
LISTING UPDATED: 04/25/2023 02:42 PM

Property Details for 11026 Crenshaw Boulevard

StatusSold
MLS #22-222915
Days on Market122
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.07 AC / 2,905 SF
CountyLos Angeles County

Location

Listing Courtesy of KHORR Realty, Pila Jessie, DRE #01324968

Sold By KHORR Realty, Aaron Gray, DRE #01411295

Add your commute

Building Information for 11026 Crenshaw Boulevard

Stories2Residences-Year Built1956Building Size-Lot Size0.07 AC / 2,905 SF

Payment Calculator

$6,630 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$354

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11026 Crenshaw Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 5 units
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $89,520
  • Net Operating Income: $67,525.00
  • Gross Income: $89,520
  • Cap Rate: 6.00%
  • Gross Rent Multiplier: $.00
  • Other Income1: $88,656.00
  • Laundry Income: $864
  • Owner Pays: Water, Gas, Electricity
  • Total Annual Expense: 21995
  • Water Expense: $3,600.00
  • Gas Expense: $420
  • Electric Expense: $600.00
  • Tax Expense: $14,375
  • Insurance Expense: $3,000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0667
  • Lot Size Square Feet: 2905
Parking Details
Parking Details
  • Parking Garage: Community Garage
  • Total Parking: 5
  • Parking Features: Community Structure
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-09-2022
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,209.60
  • Unit Actual Rent: $1,209.60
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,242.00
  • Unit Actual Rent: $1,242.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,242.00
  • Unit Actual Rent: $1,242.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $106,775.00
  • Assessed Improvement Percent: 40.36
  • Assessed Land Value: $157,750.00
  • Assessed Land Percent: 59.64
  • Assessed Total Value: $264,525.00

Property History for 11026 Crenshaw Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11026 Crenshaw Boulevard

Taxable ValueLand$160,905Additions$109,160Total$270,065
Tax Record2023$4,251 ($354 / month)
Home Facts
Total Finished SqFt3,913 SqFtAbove Grade Finished SqFt3,913 SqFtLot Size2,905 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningINR3YYCountyLOS ANGELESAPN4029-030-028

Schools near 11026 Crenshaw Boulevard

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Clyde Woodworth Elementary School
PublicK to 8

Monroe (Albert F.) Middle School
Public6 to 8

Morningside High School
Public9 to 12

Children of Promise Preparatory Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KHORR Realty, Pila Jessie, DRE #01324968

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.