4300 Crenshaw Blvd, Los Angeles, CA 90008
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4300 Crenshaw Blvd Los Angeles, CA 90008

$2,600,000 Sold Price as of 10/24/2023
  • -- Beds
  • -- Baths
  • 6,994 Sq.Ft.
Sold
$2,600,000 Sold Price as of 10/24/2023 Refinance Your Mortgage

Map preview of 4300 Crenshaw Blvd, Los Angeles, CA 90008

Property Overview: 4300 Crenshaw Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 6,994 living square feet and 8,481 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: For sale after 67 years! 3 Units Commercial Office building close to the New Leimert Park Metro Station! Existing building is approx. 6,994 SF on a large lot approx. 8,480 SF, zoned LAC1.5! Right at the signalized intersection of 43rd St and Crenshaw Blvd. with high traffic counts. One of the units (Unit 4304 Crenshaw) is vacant and will be delivered vacant at close of escrow. Clean environmental Phase I (completed Apr. 2023) available. Seller is an independent fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS and WHERE IS. Buyer to conduct their own investigations.

Listed by Vineendra Jain | BRE #01413466 | Ingenious Asset Group, Inc.
Last checked: 3 minutes ago | Last updated: October 24th, 2023 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
8,481
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Other
Status
Sold
MLS#
23282263
City
Los Angeles
County
Los Angeles
Time on Site
462 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.18%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $129,187
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $3,200
  • Insurance: $3,600
  • Maintenance: $3,878
  • Other Expenses: $1,797

Property Details for 4300 Crenshaw Blvd

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Central
Interior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Corner Lot, Near Public Transit, Rectangular Lot, Lot 6500-9999
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5024018022
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available
Location / Neighborhood
Location Information
  • Directions: South East of 43rd St, North East of Crenshaw Blvd, and West of Leimert Blvd.
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Sale History for 4300 Crenshaw Blvd

Last sold for $2,600,000 on October 24th, 2023
  • October, 2023

  • Oct 24, 2023

    Date

    Sold

    CRMLS: 23282263

    $2,600,000

    Price

  • Jun 22, 2023

    Date

    Active

    CRMLS: 23282263

    $2,495,000

    Price

  • April, 1956

  • Apr 4, 1956

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4300 Crenshaw Blvd

Assessed Value (2020): $190,274
Year Land Value Improved Value Assessed Value
2020 $99,953 $90,321 $190,274

Home Value Compared to the Market

This property vs the competition

4300 Crenshaw Blvd sold on October 24, 2023 for 122.77% 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 $356.73 per/sqft which puts the price per square foot 50.73% lower than the current median sale per square foot for the city of Los Angeles.

About 4300 Crenshaw Blvd

Detailed summary of property

4300 Crenshaw Blvd is a other that recently sold in Los Angeles, CA 90008. This property offered -- bedrooms, -- bathrooms, roughly 6,994 living square feet, and sits on an approximately 8,481 square foot lot. 4300 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on June 23, 2023. The homeowner sold the property for $2,600,000. 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 122.77% higher than the current median priced home. Local homes that are currently for sale include 2743 S Robertson Blvd, 3809 Bagley Ave and 327 S Western Ave. While the average home in Los Angeles, CA is selling in 106 days, 4300 Crenshaw Blvd has a days on market of 34 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4300 Crenshaw Blvd Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4300 Crenshaw Blvd

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
6,994
Lot Size
8,480
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
11,12
APN
5024-018-022

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
46
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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Related Resources to 4300 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.