2240 Crenshaw Boulevard

Los Angeles, CA 90016

$1,254,500
Price
5
Beds
3
Baths
2,588 Sq. Ft.
$485 / Sq. Ft.
2,588
Sq. Ft.
$485
per Sq. Ft.

Description

Well-kept 3-unit property that is easy to maintain. Superb opportunity for investors and owner-users. Enough space in the back lot to build an ADU to add asset value. One unit will be delivered vacant at COE; vacant unit offers an upgrade of increase in rental income or a unit for the owner to occupy and collect rent from the other two units. Bright, airy layout. Clean laminate & tile flooring throughout with granite. Great location offering convenient access to I-10 freeway and close proximity to...Well-kept 3-unit property that is easy to maintain. Superb opportunity for investors and owner-users. Enough space in the back lot to build an ADU to add asset value. One unit will be delivered vacant at COE; vacant unit offers an upgrade of increase in rental income or a unit for the owner to occupy and collect rent from the other two units. Bright, airy layout. Clean laminate & tile flooring throughout with granite. Great location offering convenient access to I-10 freeway and close proximity to Koreatown and Downtown to enjoy various venues of popular eateries, highly regarded restaurants, entertainment, shopping centers, markets, and other necessities. Spacious back lot with garages and plenty of parking spaces and front yard with a lush tree providing cool shade for picnic & tea area.
  1. Listed by MiJeong Kim • DRE #01887660 • Brokerage DRE #01887660 • Mi Jeong Kim

Property Details for 2240 Crenshaw Boulevard

Zoning
LAR3
Parcel Number
5060005004
Total Units
3.0
Living Area
2588
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
33%
Lot Size Area
7859

Location

Listing Courtesy of Mi Jeong Kim, MiJeong Kim, DRE #01887660
Add your commute
LISTING UPDATED: 04/25/2024 09:40 AM

Property Details for 2240 Crenshaw Boulevard

StatusActive Under Contract
MLS #24-377141
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1911
Lot Size0.18 AC / 7,859 SF
CountyLos Angeles County

Location

Listing Courtesy of Mi Jeong Kim, MiJeong Kim, DRE #01887660
Add your commute

Building Information for 2240 Crenshaw Boulevard

Stories2Residences-Year Built1911Building Size-Lot Size0.18 AC / 7,859 SF

Payment Calculator

$8,069 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,846

Property Taxes

$1,223

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2240 Crenshaw Boulevard

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: APT
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Limited Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $76,800
  • Net Operating Income: $52,698.00
  • Gross Income: $76,800
  • Gross Rent Multiplier: $16.30
  • Actual Annual Gross Rent: $76,800.00
  • Total Annual Expense: 24102
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1804
  • Lot Size Square Feet: 7859
  • Lot Size Dimensions: 50x157
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage, Uncovered
  • Total Parking: 6
  • Covered Parking: 3
  • Open Other Spaces Total: 3
  • Parking Features: Garage, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $466,507.00
  • Assessed Improvement Percent: 39.81
  • Assessed Land Value: $705,451.00
  • Assessed Land Percent: 60.19
  • Assessed Total Value: $1,171,958.00

Property History for 2240 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 2240 Crenshaw Boulevard

Taxable ValueLand$705,451Additions$466,507Total$1,171,958
Tax Record2023$14,670 ($1,223 / month)
Home Facts
Total Finished SqFt2,588 SqFtAbove Grade Finished SqFt2,588 SqFtLot Size7,857 SqFtStyleTriplexYear Built1911ZoningLAR3CountyLOS ANGELESAPN5060-005-004

Schools near 2240 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
Charter - 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

Global Education Academy 2
CharterK to 5

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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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 Mi Jeong Kim, MiJeong Kim, DRE #01887660

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.