2314 Crenshaw Blvd, Los Angeles, CA 90016
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2314 Crenshaw Blvd Los Angeles, CA 90016

$1,500,000
  • 20 Beds
  • 10 Baths
  • 5,184 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified

Map preview of 2314 Crenshaw Blvd, Los Angeles, CA 90016

Property Overview: 2314 Crenshaw Blvd Los Angeles, CA has 20 bedrooms, 10 bathrooms, 5,184 living square feet and 7,959 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Exceptional 4 unit building. 2 BD/ 1Ba aprox. 1300 SQ/FT per unit. Huge living area for 2 Bedroom units. True Apartment Homes. The property is in excellent condition. Turn Key investment. Each unit has laundry rooms and 3 out of the 4 units have updated windows. The owner has maintained and upgraded the property. Electrical panels, roof, garage doors, motorized gate door, and updated kitchens in 3 out of the 4 units. The exterior is in great conditions, and easy proximity to I-10 freeway and easy access to public transportation. Lot size is developers ideal size. 7959 SQ Ft Lot. In the heart of Mid City, Driving distance to K-Town, Beverly Hills, Hancock Park, Culver City, Larchmont, and 10 Freeway. 2 units to be delivered vacant. Property Sold in AS-IS condition.

Listed by Eduardo Canas | BRE #01156538 | Real Innovate Realty
Last checked: 1 minute ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 40
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Home details

Lot Sq. Ft
7,959
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24373393
City
Los Angeles
County
Los Angeles
Time on Site
50 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,638
  • Total Rent: $1,638
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,052
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.96
  • Gross Scheduled Income: --
  • Net Operating Income: $100,704
  • Gross Operating Income: $115,704
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2314 Crenshaw Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5060004007
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of 10 freeway and south of Washington Blvd. In between the freeway and 23 St north of 10 freeway
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Sale History for 2314 Crenshaw Blvd

Last sold on August 4th, 2020
  • March, 2024

  • Mar 27, 2024

    Date

    Active

    CRMLS: 24373393

    $1,500,000

    Price

  • July, 2021

  • Jul 25, 2021

    Date

    Active

    CRMLS: TR21163217

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    The property is in zoning R3 The legal address is 2314, 2314 1/2, 2316 & 2316 1/2 Crenshaw Blvd. 2 units will be vacant at the closing (2314 & 2316 1/2 - recently rehabbed). Tennats are month to month and they will remain at the property.

  • May, 2021

  • May 20, 2021

    Date

    Canceled

    CRMLS: TR20173119

    $1,750,000

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: TR20173119

    $1,750,000

    Price

  • May 14, 2021

    Date

    Hold

    CRMLS: TR20173119

    $1,750,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: TR20173119

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    The property is in zoning R3 The legal address is 2314, 2314 1/2 , 2316 & 2316 1/2 Crenshaw Blvd. 2 units will be vacant at the closing(2314 & 2316 1/2 - recently rehabbed ) Tenants are month to month and they will remain at the property.

  • August, 2020

  • Aug 4, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2003

  • Sep 11, 2003

    Date

    Sold (Public Records)

    Public Records

    $539,000

    Price

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Tax History for 2314 Crenshaw Blvd

Assessed Value (2020): $700,715
Year Land Value Improved Value Assessed Value
2020 $520,015 $180,700 $700,715

Home Value Compared to the Market

This property vs the competition

2314 Crenshaw Blvd is listed 20% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $289.35 per/sqft which puts the price per square foot 62.76% lower than the median price per square foot for the city of Los Angeles.

About 2314 Crenshaw Blvd

Detailed summary of property

2314 Crenshaw Blvd is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 20 bedrooms, 10 bathrooms, roughly 5,184 living square feet, and sits on an approximately 7,959 square foot lot. 2314 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on March 29, 2024. The homeowner is currently asking $1,500,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20% higher than the median priced home. Local competing homes currently for sale include 3809 W 30th St, 2122 6th Ave and 2110 6th Ave. While the average home in Los Angeles, CA is selling in 92 days, 2314 Crenshaw Blvd has a days on market of 40 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2314 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 2314 Crenshaw Blvd

Public county record property details
Beds
8
Baths
4
Year built
1926
Sq. Ft.
5,184
Lot Size
7,956
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
86
APN
5060-004-007

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
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 2314 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.