Los Angeles, CA 90016,2234 Crenshaw BLVD
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Los Angeles, CA 90016,2234 Crenshaw BLVD
Los Angeles, CA 90016,2234 Crenshaw BLVD
Los Angeles, CA 90016,2234 Crenshaw BLVD
Los Angeles, CA 90016,2234 Crenshaw BLVD
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2234 Crenshaw BLVD Los Angeles, CA 90016

10,110 SqFt


UPDATED:

12/05/2024 07:34 PM

Key Details

Property Type Commercial

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 10,110 sqft

Price per Sqft $417

MLS Listing ID PW24202422

Style Modern

Construction Status Turnkey

HOA Y/N No

Year Built 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Description

NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX 6% CAP FULLY LEASED TO SECTION 8 TENANTS
We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a turnkey 6% Cap rate! The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.
Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, and supporting services providing high-paying and stable jobs. Mid-City overall has been a very hot market, its centralized location makes it convenient to get to the beach cities or downtown within minutes.
This non-rent-controlled luxury complex is comprised of three duplexes, totaling seven new construction townhomes, each with private laundry rooms and parking for select units. The layouts are very functional and desirable among renters. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner's common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances, and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.
Please contact us regarding this opportunity or one of the seller's many other similar developments throughout Los Angeles.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Interior Features Balcony, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting

Heating Central, ENERGY STAR Qualified Equipment

Cooling Central Air, ENERGY STAR Qualified Equipment

Flooring Laminate

Fireplaces Type None

Appliance Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven

Laundry Dryer Included, In Closet, Inside, Stackable, Washer Included

Exterior

Exterior Feature Lighting

Parking Features Assigned

Garage Spaces 6.0

Fence Excellent Condition

Pool None

Community Features Sidewalks, Urban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Neighborhood

Roof Type Common Roof

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Security Features Automatic Gate,Card/Code Access,Fire and Smoke Detection System,Fire Sprinkler System,Security Lights,Smoke Detector(s)

Special Listing Condition Standard

Confidential INFO

TERMS Submit

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS All of the units are leased, Please contact Martin Fish with any questions. Text or call (310)905-4834 Property to be shown upon accepted offer.

SHOW CONTACT TYPE Agent,See Remarks

SHOW CONTACT NAME Martin Fish

SHOW CONTACT PH (310)905-4834

SHOW INSTRUCTIONS No tours of the units will be shown until an accepted offer is received. Please do not disturb tenants and text or call with any questions.


CRMLS Plus
Listed by Citivest Realty Services, Inc

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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2234 Crenshaw BLVD