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4425 Crenshaw Blvd, Los Angeles, CA 90043
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4425 Crenshaw Blvd Los Angeles, CA 90043

$2,450,000 Sold Price as of 08/04/2020
  • 27 Beds
  • 91 Baths
  • 9,091 Sq.Ft.
Sold
$2,450,000 Sold Price as of 08/04/2020 Refinance Your Mortgage
Map preview of 4425 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 4425 Crenshaw Blvd Los Angeles, CA has 27 bedrooms, 91 bathrooms, 9,091 living square feet and 6,880 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity...that value add building located on the new Crenshaw train line due to open 2020. This Mix-use building has 14 units, which includes (4) retail stores, (5) 1 bed units and (5) studios all with 1 bath. The retail spaces are approximately 1200sqft. In addition there is an adjacent 3440sqft parking lot included in the this purchase. Bring your management and ride the upside to this building and community. Can be Purchased separately or with adjoining 19 unit building located at 4429 Crenshaw ave. Future transit oriented development site as well. Land is Zoned Tier 4 TOC, can build 67 units by right up to 109 units with density bonus, when developed with adjoined building. Huge upside potential. Buyer to satisfy self in regards to permits, square footage.

Listed by Vance Edwards | BRE #01893825 | Compass
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,880
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR20032973
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Leased Units: 10
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,419
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,469
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 11
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,000
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 12
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,400
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 13
  • # of Beds: 0
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $650
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $800
  • Total Rent: --
Unit Breakdown 9
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $800
  • Total Rent: --
Unit Breakdown 10
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $900
  • Total Rent: --
Unit Breakdown 11
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 12
  • # of Units: 8
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $450
  • Total Rent: --
Unit Breakdown 13
  • # of Units: 9
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,319
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $119,117
  • Net Operating Income: --
  • Gross Operating Income: --
  • Other Income 1: $400
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $0
  • Trash: $2,772
  • Insurance: $8,000
  • Water/Sewer: $5,400

Property Details for 4425 Crenshaw Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Total # of Units: 14
  • Parcel Number: 5013013004
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: just south of Vernon on Crenshaw
View more facts & features

Local Los Angeles Agent

Sale History for 4425 Crenshaw Blvd

Last sold for $5,750,000 on August 4th, 2020

  • August, 2020

  • Aug 5, 2020

    Date

    Sold

    CRMLS: SR20032973

    $2,450,000

    Price

  • Apr 24, 2020

    Date

    Price Change

    CRMLS: SR20032973

    $2,300,000

    Price

  • Apr 3, 2020

    Date

    Price Change

    CRMLS: SR20032973

    $2,700,000

    Price

  • Feb 25, 2020

    Date

    Active Under Contract

    CRMLS: SR20032973

    $2,300,000

    Price

  • Feb 14, 2020

    Date

    Active

    CRMLS: SR20032973

    $2,300,000

    Price

  • August, 2020

  • Aug 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $5,750,000

    Price

  • May, 2018

  • May 29, 2018

    Date

    Sold

    CRMLS: IN17218104

    $13,100,000

    Price

  • Sep 21, 2017

    Date

    Active

    CRMLS: IN17218104

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    *** THIS DIAMOND IN THE ROUGH WON'T LAST*** LOCATED IN ONE ONE OF THE MOST DESIRED AREAS IN THE CRENSHAW DISTRICT, THIS IS AN INVESTERS DREAM. THIS MIX USE BUILDING HAS 10 LIVING UNITS LOCATED UPSTAIRS AND 3 RETAIL UNITS DOWN STAIRS. OF THE 10 LIVING UNITS ONLY 3 ARE OCCUPIED. OF THE 3 RETAIL UNITS 2 ARE VACANT 1 IS OCCUPIED. THERE ARE 4 SINGLE CAR GARAGES LOCATED BEHIND THE BUILDING IN THE ALLEY AND APPROXIMATLEY 10-12 PARKINGS SPACES LOCATED ON THE SIDE OF THE RETAIL STORES. THE PROPERTY IS LOCATED DIRECTLY ACROSS THE STREET FROM THE CRENSHAW / LEIMERT MERTO LINK STATION. SLATED TO BE COMPLETED IN 2019. PROPERTY IS BEING SOLD AS IS, SELLER WILL MAKE NO REPAIRS. PROPERTY IS IN REAP, PAYOFF WILL BE MADE TO REAP AT CLOSING. ***THIS IS A PROBATE LISTING, SUBJECT TO COURT CONFIRMATION / OVERBID***

  • March, 2018

  • Mar 9, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,310,000

    Price

Show More

Tax History for 4425 Crenshaw Blvd

Assessed Value (2020): $1,075,773
Year Land Value Improved Value Assessed Value
2020 $598,230 $477,543 $1,075,773

Home Value Compared to the Market

This property vs the competition

4425 Crenshaw Blvd sold on August 4, 2020 for 93.28% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $253 per/sqft which puts the price per square foot 66.49% lower than the current median sale per square foot for the city of Los Angeles.

About 4425 Crenshaw Blvd

Detailed summary of property

4425 Crenshaw Blvd is a mixed use that recently sold in Los Angeles, CA 90043. This mixed use property offered 27 bedrooms, 91 bathrooms, roughly 9,091 living square feet, and sits on an approximately 6,880 square foot lot. 4425 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,450,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 93.28% higher than the current median priced home. Local homes that are currently for sale include 10721 S Broadway, 4913 Melrose Ave and 1161 E 12th St. While the average home in Los Angeles, CA is selling in 96 days, 4425 Crenshaw Blvd has a days on market of 12 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 4425 Crenshaw Blvd Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4425 Crenshaw Blvd

Public county record property details
Beds
3
Baths
3
Year built
1940
Sq. Ft.
9,091
Lot Size
6,880
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
21,22
APN
5013-013-004

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$945,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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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