Search
2340 Crenshaw Blvd, Los Angeles, CA 90016
Image 2 for 2340 Crenshaw Blvd, Los Angeles, CA 90016
Image 3 for 2340 Crenshaw Blvd, Los Angeles, CA 90016
View Photos

2340 Crenshaw Blvd Los Angeles, CA 90016

$4,299,000
  • 20 Beds
  • 20 Baths
  • 13,390 Sq.Ft.
For Sale
$4,299,000 Get Pre-Qualified
Map preview of 2340 Crenshaw Blvd, Los Angeles, CA 90016

Property Overview: 2340 Crenshaw Blvd Los Angeles, CA has 20 bedrooms, 20 bathrooms, 13,390 living square feet and 13,164 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: A large, 2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1,000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear - open spots, as well. Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 - 4% scheduled, allowable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.

Listed by Brice Head | BRE #01330706 | CBRE, Inc.
Last checked: 7 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 190
Get a $16,121 Cash Reward New

Buy this home with Ardent Real Estate Group and get $16,121 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
13,164
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23323965
City
Los Angeles
County
Los Angeles
Time on Site
195 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 20
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,485
  • Total Rent: $29,719
  • Pro Forma/Market Rent: $40,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.67%
  • Gross Rent Multiplier: 11.9
  • Gross Scheduled Income: --
  • Net Operating Income: $200,741
  • Gross Operating Income: $358,628
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2340 Crenshaw Blvd

No upcoming open houses

Schedule Tour

Property Details for 2340 Crenshaw Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 20
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 20
  • Parcel Number: 5060004018
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: La Cienega Blvd to Obama Blvd, turn right then to Crenshaw Blvd and turn left.
View more facts & features

Local Los Angeles Agent

Sale History for 2340 Crenshaw Blvd

Last sold for $3,450,000 on September 14th, 2016

  • October, 2023

  • Oct 20, 2023

    Date

    Active

    CRMLS: 23323965

    $4,599,000

    Price

  • September, 2016

  • Sep 14, 2016

    Date

    Sold (Public Records)

    Public Records

    $3,450,000

    Price

  • January, 2003

  • Jan 3, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2340 Crenshaw Blvd

Assessed Value (2020): $3,661,166
Year Land Value Improved Value Assessed Value
2020 $2,228,536 $1,432,630 $3,661,166

Home Value Compared to the Market

This property vs the competition

2340 Crenshaw Blvd is listed 250.94% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $321.06 per/sqft which puts the price per square foot 58.52% lower than the median price per square foot for the city of Los Angeles.

About 2340 Crenshaw Blvd

Detailed summary of property

2340 Crenshaw Blvd is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 20 bedrooms, 20 bathrooms, roughly 13,390 living square feet, and sits on an approximately 13,164 square foot lot. 2340 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on October 20, 2023. The homeowner is currently asking $4,299,000 and was originally asking $4,599,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 250.94% higher than the median priced home. Local competing homes currently for sale include 730 Crenshaw Blvd, 821 S Wilton Pl and 2176 S Venice Blvd. While the average home in Los Angeles, CA is selling in 96 days, 2340 Crenshaw Blvd has a days on market of 190 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2340 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 2340 Crenshaw Blvd

Public county record property details
Beds
19
Baths
19
Year built
1964
Sq. Ft.
13,390
Lot Size
13,190
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
80,81
APN
5060-004-018

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
$1,150,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
74
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%)

Tour This Home

Buy with Ardent Real Estate Group and save $16,121.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $16,121 Cash Reward New

Buy this home with Ardent Real Estate Group and get $16,121 back.

Call/Text (714) 706-1823

Homes for Sale Near 2340 Crenshaw Blvd

Nearby Homes for Sale

1876 Buckingham Rd, Los Angeles, CA 90019
$4,299,000
20 Beds
17 Baths
10050 Sq.Ft.
1876 Buckingham Rd
Los Angeles, CA 90019
4522 W 17th St, Los Angeles, CA 90019
$3,500,000
16 Beds
14 Baths
6793 Sq.Ft.
4522 W 17th St
Los Angeles, CA 90019
3438 Potomac Ave, Los Angeles, CA 90016
$4,695,000
20 Beds
22 Baths
9144 Sq.Ft.
3438 Potomac Ave
Los Angeles, CA 90016
1414 S Orange Dr, Los Angeles, CA 90019
$3,750,000
17 Beds
15 Baths
7002 Sq.Ft.
1414 S Orange Dr
Los Angeles, CA 90019
1819 S Gramercy Pl, Los Angeles, CA 90019
$4,299,000
33 Beds
18 Baths
15851 Sq.Ft.
1819 S Gramercy Pl
Los Angeles, CA 90019
1554 S Gramercy Pl, Los Angeles, CA 90019
$4,299,000
23 Beds
20 Baths
13792 Sq.Ft.
1554 S Gramercy Pl
Los Angeles, CA 90019
930 S Mansfield Ave, Los Angeles, CA 90036
$3,498,000
722 Beds
722 Baths
17030 Sq.Ft.
930 S Mansfield Ave
Los Angeles, CA 90036
1885 W Jefferson Blvd, Los Angeles, CA 90018
$3,995,000
11 Beds
16 Baths
13331 Sq.Ft.
1885 W Jefferson Blvd
Los Angeles, CA 90018

Recently Sold Homes Near 2340 Crenshaw Blvd

2231 S Bronson Ave, Los Angeles, CA 90018
$900,000 Last Sold Price
5 Beds
3 Baths
2276 Sq.Ft.
2231 S Bronson Ave
Los Angeles, CA 90018
2220 Crenshaw Blvd, Los Angeles, CA 90016
$1,320,000 Last Sold Price
6 Beds
4 Baths
2658 Sq.Ft.
2220 Crenshaw Blvd
Los Angeles, CA 90016
2211 S Bronson, Los Angeles, CA 90018
$800,000 Last Sold Price
4 Beds
4 Baths
2392 Sq.Ft.
2211 S Bronson
Los Angeles, CA 90018
4135 W 22nd Pl, Los Angeles, CA 90018
$1,455,000 Last Sold Price
8 Beds
4 Baths
3628 Sq.Ft.
4135 W 22nd Pl
Los Angeles, CA 90018

Related Resources to 2340 Crenshaw Blvd

New Listings in 90016
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call