2234 Crenshaw BLD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24202422
Style Contemporary
Originating Board California Regional MLS
Year Built 2024
Lot Size 7,839 Sqft
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 servi
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher,Microwave,Oven - Self Cleaning,Oven Range - Gas,Refrigerator,Oven - Gas
Interior
Heating Other,Central Forced Air
Cooling Central AC,Other
Flooring Laminate
Laundry In Closet,Other,Washer,Washer/Dryer - Owned,Stacked Only,Dryer
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool 31,None
View Local/Neighborhood,City Lights
Roof Type Other
Building
Story Three or More Stories
Foundation Concrete Slab
Water District - Public
Architectural Style Contemporary
Others
Tax ID 5060005005
Special Listing Condition Not Applicable