4707 Crenshaw Boulevard

Los Angeles, CA 90043

$1,100,000
Price
3
Beds
3
Baths
3,008 Sq. Ft.
$366 / Sq. Ft.
3,008
Sq. Ft.
$366
per Sq. Ft.

Description

We are pleased to present to market a 100% vacant mixed-use building located along the dynamic Crenshaw Blvd corridor. The subject property is located adjacent to Leimert Park and along the new LAX-Crenshaw Metro Rail Line. This opportunity is situated along one of the most dynamic corridors in Los Angeles, with numerous neighboring developments and businesses offering a multitude of employment opportunities. Nearby developments include: a 195-unit mixed-use located adjacent to the property, the...We are pleased to present to market a 100% vacant mixed-use building located along the dynamic Crenshaw Blvd corridor. The subject property is located adjacent to Leimert Park and along the new LAX-Crenshaw Metro Rail Line. This opportunity is situated along one of the most dynamic corridors in Los Angeles, with numerous neighboring developments and businesses offering a multitude of employment opportunities. Nearby developments include: a 195-unit mixed-use located adjacent to the property, the redevelopment of the Baldwin Hills Crenshaw Plaza, and various other commercial and residential projects. This property provides a unique opportunity for a new owner to either renovate and achieve market rents, or completely revamp the property to cater it to their owner- user needs. The building consists of 2 commercial retail units, plus 1 second floor residential unit, and a large garage at the rear of the property that could be repositioned into an ADU. Strategically positioned in one of the densest rental markets in Los Angeles, the subject property caters to hundreds of thousands of tenants and customers in the neighborhood, providing easy accessibility to multiple freeways as well as a number of Metro Bus and Rail stops. Contact the listing broker for additional information.
  1. Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.

Property Details for 4707 Crenshaw Boulevard

Zoning
LAC2-2D
Parcel Number
5013015005
Total Units
3.0
Living Area
3008
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
100%
Lot Size Area
3600

Location

Listing Courtesy of Kidder Mathews of California, Inc., Casey Lins, DRE #01902650
Add your commute
LISTING UPDATED: 04/17/2024 12:01 AM

Property Details for 4707 Crenshaw Boulevard

StatusActive
MLS #24-378195
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.08 AC / 3,600 SF
CountyLos Angeles County

Location

Listing Courtesy of Kidder Mathews of California, Inc., Casey Lins, DRE #01902650
Add your commute

Building Information for 4707 Crenshaw Boulevard

Stories2Residences-Year Built1936Building Size-Lot Size0.08 AC / 3,600 SF

Payment Calculator

$6,940 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$937

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4707 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: Mixed-Use
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $102,432
  • Net Operating Income: $70,184.00
  • Gross Income: $105,600
  • Gross Rent Multiplier: $10.42
  • Total Annual Expense: 32248
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0826
  • Lot Size Square Feet: 3600
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,300.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $10,200.00
  • Assessed Improvement Percent: 1.15
  • Assessed Land Value: $877,200.00
  • Assessed Land Percent: 98.85
  • Assessed Total Value: $887,400.00

Property History for 4707 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 4707 Crenshaw Boulevard

Taxable ValueLand$877,200Additions$10,200Total$887,400
Tax Record2023$11,239 ($937 / month)
Home Facts
Total Finished SqFt3,008 SqFtAbove Grade Finished SqFt3,008 SqFtStories1Lot Size3,600 SqFtStyleOffice BuildingYear Built1936ZoningLAC1.5CountyLOS ANGELESAPN5013-015-005

Schools near 4707 Crenshaw Boulevard

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

Fifty-Fourth Street Elementary School
PublicK to 6

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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4707 Crenshaw Boulevard is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on April 9, 2024 by Kidder Mathews of California, Inc., it's currently listed at $1,100,000. It has been on the market for a total of 24 days and was last sold on August 19, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Second Street Elementary School, ICEF View Park Preparatory Accelerated Charter Middle School and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 4707 Crenshaw Boulevard is a 3-bed, 3-bath, 3,008 sqft multi-family home built in 1936.

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 Kidder Mathews of California, Inc., Casey Lins, DRE #01902650

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.