1183 Crenshaw Blvd, Los Angeles, CA 90019
611 Unit Apartment Building | $3,900,000 ($6,383/Unit) | 4.05% Cap Rate | Los Angeles, CA 90019
For Sale
Active
8 pictures
Asking Price $3,900,000
- Property Type
-
Multifamily
- Square Feet
- 7,762 SF
Listing Contacts
Steven Ito
Property Overview
Coldwell Banker and Steven Ito are proud to present an exceptional opportunity to own a meticulously crafted eight-unit apartment building built in 2015.The apartment consist of (7)-two-bedroom units and (1)-one -bedroom unit. No low income units.
All 8-units are market rate units! This property stands as a testament to an owner/builder constructed apartment with a high-quality build and thoughtful design. The 1183 Crenshaw apartment offers a blend of modern amenities, including remote AC and heat, built-in stainless steel appliances with on grade secure parking. The (1)-one bedroom unit and seven-two-bedroom units with future upside rent potential! 1187 Crenshaw Blvd is also available for sale, providing a rare opportunity to acquire side by side apartments for ease of management and maintenance.
Strategically located south of Olympic Blvd and north of Pico Blvd on 1100 block of Crenshaw Blvd. The apartment is located in a high traffic, high demand, mid-Wilshire location. Neighboring communities include, Koreatown, Hancock Park, Windsor Square, Larchmont village to the north and the Brookside residential community just minutes away. The property sits in close proximity to the 10-freeway system and other major public transportation. Restaurants, shopping and grocery stores are conveniently located just minutes away from this exceptional contemporary apartment building. Minutes to downtown Los Angeles and easy access to the Westside.
Whether your investor is seeking a lucrative cash flow opportunity or a homeowner looking to generate passive income, this meticulously crafted 2015-built apartment building offers both current cash flow and future upside potential. Don't miss the opportunity to purchase this beautiful contemporary apartment that could not be duplicated at the current asking price! The adjacent apartment 1187 Crenshaw Blvd is also for sale at an asking price of $5.5M. Please call or email for more information!
All 8-units are market rate units! This property stands as a testament to an owner/builder constructed apartment with a high-quality build and thoughtful design. The 1183 Crenshaw apartment offers a blend of modern amenities, including remote AC and heat, built-in stainless steel appliances with on grade secure parking. The (1)-one bedroom unit and seven-two-bedroom units with future upside rent potential! 1187 Crenshaw Blvd is also available for sale, providing a rare opportunity to acquire side by side apartments for ease of management and maintenance.
Strategically located south of Olympic Blvd and north of Pico Blvd on 1100 block of Crenshaw Blvd. The apartment is located in a high traffic, high demand, mid-Wilshire location. Neighboring communities include, Koreatown, Hancock Park, Windsor Square, Larchmont village to the north and the Brookside residential community just minutes away. The property sits in close proximity to the 10-freeway system and other major public transportation. Restaurants, shopping and grocery stores are conveniently located just minutes away from this exceptional contemporary apartment building. Minutes to downtown Los Angeles and easy access to the Westside.
Whether your investor is seeking a lucrative cash flow opportunity or a homeowner looking to generate passive income, this meticulously crafted 2015-built apartment building offers both current cash flow and future upside potential. Don't miss the opportunity to purchase this beautiful contemporary apartment that could not be duplicated at the current asking price! The adjacent apartment 1187 Crenshaw Blvd is also for sale at an asking price of $5.5M. Please call or email for more information!
Property Details
- Class
- C
- Year Built
- 2015
- Stories
- 2
- Lot Size (sq. ft)
- 6,534 SF
- Units
- 611
Highlights
- Contemporary 8-unit apartment-built in 2015
- Open floorpan
- High traffic location
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