1202 Crenshaw Blvd, Los Angeles, CA 90019
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1202 Crenshaw Blvd Los Angeles, CA 90019

$1,225,000 Sold Price as of 03/28/2019
  • 6 Beds
  • 6 Baths
  • 3,422 Sq.Ft.
Sold
$1,225,000 Sold Price as of 03/28/2019 Refinance Your Mortgage

Map preview of 1202 Crenshaw Blvd, Los Angeles, CA 90019

Property Overview: 1202 Crenshaw Blvd Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,422 living square feet and 7,364 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Value add opportunity, with low rents. 6 Units for Sale, the property consists of 4 units in the front and 2 units in the rear. All units are 1 bed/ 1 bath with potential to add private patios to the down stairs units. There is onsite parking spaces for tenants and street parking. Each unit has its own water heater with separate gas and electric meters. Roof has been updated and some newer windows. Building has copper plumbing. Back building was built in 1948 and measure approx 984 sq ft, and Front building was built in 1961 and measures approx 2,438 sq ft. Located in the City of Los Angeles part of the Country Club Park Neighborhood. The property is located between Pico Blvd and Olympic Blvd. Minutes from the 10 fwy and South West from Koreatown. Property is subject to Rent Control. Do not walk on property or disturb tenants. Contact agent for marketing summary.

Listed by Carlos Skubacz | BRE #01474295 | RE/MAX 2000
Co-listed by Abel Bratton | BRE #01991349 | RE/MAX 2000
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
7,364
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW18283863
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $825
  • Total Rent: $825
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $825
  • Total Rent: $825
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,400
  • Net Operating Income: $13,130
  • Gross Operating Income: $44,400
Annual Expense Breakdown
  • Total Operating Expense: $31,270
  • Electric: $0
  • New Taxes: $16,510
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,500
  • Maintenance: $3,600
  • Professional Management: $2,220
  • Water/Sewer: $6,000
  • Other Expenses: $240
  • Other Expense Description: RSO

Property Details for 1202 Crenshaw Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5081001018
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: north on Crenshaw Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 1202 Crenshaw Blvd

Last sold for $1,225,000 on March 28th, 2019
  • March, 2019

  • Mar 28, 2019

    Date

    Sold

    CRMLS: PW18283863

    $1,225,000

    Price

  • Jan 19, 2019

    Date

    Pending

    CRMLS: PW18283863

    $1,300,000

    Price

  • Dec 2, 2018

    Date

    Active

    CRMLS: PW18283863

    $1,300,000

    Price

  • March, 2019

  • Mar 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

  • November, 2018

  • Nov 22, 2018

    Date

    Expired

    CRMLS: PW18140020

    $1,300,000

    Price

  • Nov 21, 2018

    Date

    Hold

    CRMLS: PW18140020

    $1,300,000

    Price

  • Aug 13, 2018

    Date

    Pending

    CRMLS: PW18140020

    $1,300,000

    Price

  • Aug 7, 2018

    Date

    Active

    CRMLS: PW18140020

    $1,300,000

    Price

  • Jun 28, 2018

    Date

    Hold

    CRMLS: PW18140020

    $1,300,000

    Price

  • Jun 12, 2018

    Date

    Active

    CRMLS: PW18140020

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Value add opportunity, with low rents. 6 Units for Sale, the property consists of 4 units in the front and 2 units in the rear. All units are 1 bed/ 1 bath with potential to add private patios to the down stairs units. There is onsite parking spaces for tenants and street parking. Each unit has its own water heater with separate gas and electric meters. Roof has been updated and some newer windows. Building has copper plumbing. Back building was built in 1948 and measure approx 984 sq ft, and Front building was built in 1961 and measures approx 2,438 sq ft. Located in the City of Los Angeles part of the Country Club Park Neighborhood. The property is located between Pico Blvd and Olympic Blvd. Minutes from the 10 fwy and South West from Koreatown. Property is subject to Rent Control. Do not walk on property or disturb tenants.

  • February, 2018

  • Feb 27, 2018

    Date

    Expired

    CRMLS: 17283766

    $1,250,000

    Price

  • Dec 6, 2017

    Date

    Price Change

    CRMLS: 17283766

    $1,250,000

    Price

  • Oct 26, 2017

    Date

    Active

    CRMLS: 17283766

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    6 one bedroom one bathroom apartments Possibility of some owner related occupancy to be vacated at close. Located at Country Club Park's western edge this is in the HPOZ. Historic restrictions may not be applicable for this property.Projected rents and expenses included here are estimates.Recent re-pipe of plumbing supply lines

  • September, 2005

  • Sep 6, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1202 Crenshaw Blvd

Assessed Value (2020): $1,250,180
Year Land Value Improved Value Assessed Value
2020 $811,920 $438,260 $1,250,180

Home Value Compared to the Market

This property vs the competition

1202 Crenshaw Blvd sold on March 28, 2019 for 16.07% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $379.89 per/sqft which puts the price per square foot 47.53% lower than the current median sale per square foot for the city of Los Angeles.

About 1202 Crenshaw Blvd

Detailed summary of property

1202 Crenshaw Blvd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,422 living square feet, and sits on an approximately 7,364 square foot lot. 1202 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,225,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.07% higher than the current median priced home. Local homes that are currently for sale include 2319 2nd Ave, 2321 S Bronson Ave and 4725 St Elmo Dr. While the average home in Los Angeles, CA is selling in 106 days, 1202 Crenshaw Blvd has a days on market of 48 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1202 Crenshaw Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1202 Crenshaw Blvd

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
3,422
Lot Size
7,334
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
44
APN
5081-001-018

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1202 Crenshaw Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.