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2220 Crenshaw Blvd, Los Angeles, CA 90016
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2220 Crenshaw Blvd Los Angeles, CA 90016

$1,320,000 Sold Price as of 08/04/2023
  • 6 Beds
  • 4 Baths
  • 2,658 Sq.Ft.
Sold
$1,320,000 Sold Price as of 08/04/2023 Refinance Your Mortgage
Map preview of 2220 Crenshaw Blvd, Los Angeles, CA 90016

Property Overview: 2220 Crenshaw Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,658 living square feet and 7,739 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is located just near the 10 Freeway, Close to Korean Town, USC and Staples center and more. Hardwood Floor, Granite counter top. There is potential for developing more units for greater income potential for investors and developers..

Listed by Soon Hee Lee | BRE #01714687 | Landpac Properties
Last checked: 7 minutes ago | Last updated: September 12th, 2023 | Source CRMLS | DOM: 409

Home details

Lot Sq. Ft
7,739
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22169295
City
Los Angeles
County
Los Angeles
Time on Site
751 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,440
  • Total Rent: $1,440
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.3
  • Gross Scheduled Income: --
  • Net Operating Income: $62,000
  • Gross Operating Income: $67,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2220 Crenshaw Blvd

Interior Features
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 3
  • Parcel Number: 5060005008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Crenshaw Blvd. and 22nd Street
View more facts & features

Local Los Angeles Agent

Sale History for 2220 Crenshaw Blvd

Last sold for $1,320,000 on August 4th, 2023

  • August, 2023

  • Aug 4, 2023

    Date

    Sold

    CRMLS: 22169295

    $1,320,000

    Price

  • Jun 17, 2022

    Date

    Active

    CRMLS: 22169295

    $1,390,000

    Price

  • July, 2021

  • Jul 6, 2021

    Date

    Active

    CRMLS: SR21146080

    $1,499,900

    Price

  • Listing provided courtesy of CRMLS

    Well maintained Craftsman Triplex on Crenshaw Blvd. Close to Korea Town and easy access to 10 FWY. Energy efficient Dual Pane windows, Fire Sprinkler installed. Hardwood Floor. Granite counter top, upgraded cabinets. One unit currently owner occupied and will be delivered vacant upon COE.

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: SR20146006

    $1,350,000

    Price

  • Jul 24, 2020

    Date

    Active

    CRMLS: SR20146006

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained Craftsman Triplex on Crenshaw Blvd. Close to Korea Town and easy access to 10 FWY. Energy efficient Dual Pane windows, Fire Sprinkler installed. Hardwood Floor. Granite counter top, upgraded cabinets. One unit currently owner occupied and will be delivered vacant upon COE.

  • March, 2009

  • Mar 30, 2009

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

Show More

Tax History for 2220 Crenshaw Blvd

Assessed Value (2020): $824,239
Year Land Value Improved Value Assessed Value
2020 $588,745 $235,494 $824,239

Home Value Compared to the Market

This property vs the competition

2220 Crenshaw Blvd sold on August 4, 2023 for 9.11% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $522.95 per/sqft which puts the price per square foot 33.89% lower than the current median sale per square foot for the city of Los Angeles.

About 2220 Crenshaw Blvd

Detailed summary of property

2220 Crenshaw Blvd is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,658 living square feet, and sits on an approximately 7,739 square foot lot. 2220 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on June 17, 2022. The homeowner sold the property for $1,320,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.11% higher than the current median priced home. Local homes that are currently for sale include 1547 S 5th Ave, 1407 5th Ave and 4546 Dockweiler St. While the average home in Los Angeles, CA is selling in 102 days, 2220 Crenshaw Blvd has a days on market of 409 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 2220 Crenshaw Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2220 Crenshaw Blvd

Public county record property details
Beds
4
Baths
4
Year built
1910
Sq. Ft.
2,658
Lot Size
7,787
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
96
APN
5060-005-008

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,098,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$1,125,000
Median Sold Price/Sq.Ft.
$704
Total Inventory
82
Median Sale to List Price %
102.27%
Avg Days on Market
26
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (0%), Other (23.08%)

Thinking of Selling?

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Recently Sold Homes Near 2220 Crenshaw Blvd

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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.

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