1721 Crenshaw Boulevard

Los Angeles, CA 90019

$1,949,000
Price
13
Beds
8
Baths
2,863 Sq. Ft.
$681 / Sq. Ft.
2,863
Sq. Ft.
$681
per Sq. Ft.

Description

Amazing investment with 9.5% Cap. Welcome to this charming short-term rental property, perfect for investors or those seeking a lucrative income opportunity. This beautifully maintained property features 13bedrooms and 8 bathrooms , closed to 10FWY and Koreatown, USC, DTLA. making it an ideal choice for short-term stays. Whether you're looking to expand your rental portfolio or simply want to capitalize on the booming short-term rental market, this property offers both convenience and potential for...Amazing investment with 9.5% Cap. Welcome to this charming short-term rental property, perfect for investors or those seeking a lucrative income opportunity. This beautifully maintained property features 13bedrooms and 8 bathrooms , closed to 10FWY and Koreatown, USC, DTLA. making it an ideal choice for short-term stays. Whether you're looking to expand your rental portfolio or simply want to capitalize on the booming short-term rental market, this property offers both convenience and potential for high returns. Don't miss out on this excellent investment opportunity and schedule a viewing today!
  1. Listed by Hye Kyung Hwang • DRE #02089583 • Brokerage DRE #01791559 • Redpoint Realty

Property Details for 1721 Crenshaw Boulevard

Zoning
LAR3
Parcel Number
5071001034
Total Units
13.0
Living Area
2863
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
7483

Location

Listing Courtesy of Redpoint Realty, Hye Kyung Hwang, DRE #02089583
Add your commute
LISTING UPDATED: 04/03/2024 12:01 AM

Property Details for 1721 Crenshaw Boulevard

StatusActive
MLS #24-372915
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,483 SF
CountyLos Angeles County

Location

Listing Courtesy of Redpoint Realty, Hye Kyung Hwang, DRE #02089583
Add your commute

Building Information for 1721 Crenshaw Boulevard

Stories2Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,483 SF

Payment Calculator

$12,241 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,636

Property Taxes

$1,605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1721 Crenshaw Boulevard

Community / Development
Community / Development
  • Number Of Units: 13
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 13
  • Type Of Units: Rooming
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $292,742
  • Net Operating Income: $182,000.00
  • Gross Income: $292,742
  • Cap Rate: 9.34%
  • Gross Rent Multiplier: $6.60
  • Total Annual Expense: 110742
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1718
  • Lot Size Square Feet: 7483
Parking Details
Parking Details
  • Parking Garage: Attached, Driveway
  • Total Parking: 0
  • Parking Features: Driveway
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: None
  • Heating Type: None
  • Equipment: Microwave, Refrigerator
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 13
  • Unit Baths: 8
  • Unit Furnished: Yes
  • Unit Rent: $24,395.00
  • Unit Actual Rent: $24,395.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $182,580.00
  • Assessed Improvement Percent: 14.97
  • Assessed Land Value: $1,037,340.00
  • Assessed Land Percent: 85.03
  • Assessed Total Value: $1,219,920.00

Property History for 1721 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 1721 Crenshaw Boulevard

Taxable ValueLand$1,037,340Additions$182,580Total$1,219,920
Tax Record2023$19,261 ($1,605 / month)
Home Facts
Total Finished SqFt2,863 SqFtAbove Grade Finished SqFt2,863 SqFtLot Size7,481 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR3CountyLOS ANGELESAPN5071-001-034

Schools near 1721 Crenshaw Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Arlington Heights Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

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.

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1721 Crenshaw Boulevard is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on March 26, 2024 by Redpoint Realty, it's currently listed at $1,949,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Arlington Heights Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 1721 Crenshaw Boulevard is a 13-bed, 8-bath, 2,863 sqft multi-family home built in 1923.

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 Redpoint Realty, Hye Kyung Hwang, DRE #02089583

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.