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4707 Crenshaw Blvd, Los Angeles, CA 90043
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4707 Crenshaw Blvd Los Angeles, CA 90043

$1,100,000
  • 3 Beds
  • 3 Baths
  • 3,008 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 4707 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 4707 Crenshaw Blvd Los Angeles, CA has 3 bedrooms, 3 bathrooms, 3,008 living square feet and 3,600 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: We are pleased to present to market a 100% vacant mixed-use building located along the dynamic Crenshaw Blvd corridor. The subject property is located adjacent to Leimert Park and along the new LAX-Crenshaw Metro Rail Line. This opportunity is situated along one of the most dynamic corridors in Los Angeles, with numerous neighboring developments and businesses offering a multitude of employment opportunities. Nearby developments include: a 195-unit mixed-use located adjacent to the property, the redevelopment of the Baldwin Hills Crenshaw Plaza, and various other commercial and residential projects. This property provides a unique opportunity for a new owner to either renovate and achieve market rents, or completely revamp the property to cater it to their owner- user needs. The building consists of 2 commercial retail units, plus 1 second floor residential unit, and a large garage at the rear of the property that could be repositioned into an ADU. Strategically positioned in one of the densest rental markets in Los Angeles, the subject property caters to hundreds of thousands of tenants and customers in the neighborhood, providing easy accessibility to multiple freeways as well as a number of Metro Bus and Rail stops. Contact the listing broker for additional information.

Listed by Casey Lins | BRE #01902650 | Kidder Mathews of California, Inc.
Last checked: 1 minute ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 20
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Home details

Lot Sq. Ft
3,600
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24378195
City
Los Angeles
County
Los Angeles
Time on Site
22 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.42
  • Gross Scheduled Income: --
  • Net Operating Income: $70,184
  • Gross Operating Income: $102,432
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 4707 Crenshaw Blvd

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 3
  • Parcel Number: 5013015005
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps: 4707 Crenshaw Blvd. Los Angeles, CA 90043
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Local Los Angeles Agent

Sale History for 4707 Crenshaw Blvd

Last sold on February 18th, 2014

  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: 24378195

    $1,100,000

    Price

  • February, 2014

  • Feb 18, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4707 Crenshaw Blvd

Assessed Value (2020): $59,571
Year Land Value Improved Value Assessed Value
2020 $33,594 $25,977 $59,571

Home Value Compared to the Market

This property vs the competition

4707 Crenshaw Blvd is listed 10.2% lower 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 $365.69 per/sqft which puts the price per square foot 52.75% lower than the median price per square foot for the city of Los Angeles.

About 4707 Crenshaw Blvd

Detailed summary of property

4707 Crenshaw Blvd is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 3,008 living square feet, and sits on an approximately 3,600 square foot lot. 4707 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on April 9, 2024. The homeowner is currently asking $1,100,000. 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 10.2% lower than the median priced home. Local competing homes currently for sale include 6409 11th Ave, 6409 11th Ave and 5162 Ruthelen St. While the average home in Los Angeles, CA is selling in 96 days, 4707 Crenshaw Blvd has a days on market of 20 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 4707 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 4707 Crenshaw Blvd

Public county record property details
Beds
--
Baths
--
Year built
1936
Sq. Ft.
3,008
Lot Size
3,600
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5013-015-005

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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