6622 Crenshaw Blvd Los Angeles, CA 90043

$825,000 Sold Price as of 04/24/2019

-- Beds
-- Baths
4,010 Sq.Ft.

Off Market

$825,000 Sold Price as of 04/24/2019 Refinance Your Mortgage

Map preview of 6622 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 6622 Crenshaw Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 4,010 living square feet and 7,921 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6622 Crenshaw Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 6622 Crenshaw Blvd

Last sold for $825,000 on April 24th, 2019

December, 2023
Dec 20, 2023

Date

Expired

CRMLS: 22226325

$1,500,000

Price
Dec 20, 2022

Date

Active

CRMLS: 22226325

$2,000,000

Price
Listing provided courtesy of CRMLS

Bancorp One Commercial is pleased to present a Mixed-Use Retail and Residential Investment and Development opportunity in Park Mesa Heights located at 6622 - 6630 Crenshaw Blvd - Retail Residential Property is located in South Los Angeles and built in 1950. The two (2) story property consists of commercial units on the on the ground floor and a residential unit on the second floor. The total square footage of both buildings is 4,950. The free-standing retail building is 1,750 square feet and is vacant. The two-story building has retail at the bottom and is 1,600 sq feet and receives $1,750 per month on a month-to-month lease. The upstairs 3/2 is 1600 square feet and receives $2800 per month on a month-to-month lease. The new owner/investor will benefit from this fantastic Development/Retail added value opportunity located in a Tier 3 Transit Oriented Community (TOC) on a 7,840 SF lot zoned LAC2-TOC Tier 3. The property could be developed for Retail, Multifamily, Mixed Use and a myriad of other usages (BUYER TO VERIFY).All units are individually metered for both gas and electricity. The property contains Seven (7) parking spaces for the tenants and customers and units are in high rental demand, with significant upsides in the rents. The property is located in Los Angeles on Crenshaw Blvd and just South of Hyde Park. The central location of the property in the heart of Los Angeles allows for tenants and customers to be in close proximity to the new Sofi Stadium, the Nipsey Hussle Square, retail shopping restaurants, and the future metro-line. This is a fantastic opportunity to develop in one of Los Angeles' up and coming communities .A savvy Developer or Non-Profit Organization could take advantage of these programs in order to increase the number of buildable units through density bonuses at the Development Site as well as look at a 100% Affordable Housing Project which would significantly reduce parking costs (BUYER TO VERIFY).

Continue Reading
January, 2021
Jan 2, 2021

Date

Expired

CRMLS: IN19284599

$1,395,000

Price
Feb 19, 2020

Date

Withdrawn

CRMLS: IN19284599

$1,395,000

Price
Dec 22, 2019

Date

Active

CRMLS: IN19284599

$1,395,000

Price
Listing provided courtesy of CRMLS

he subject offering consists of approximately 4,600 SF of improvements on approximately 7,921 SF of land. The offering is located on Crenshaw Blvd north of the major signalized intersection of Florence Ave and Crenshaw Blvd. The location offers excellent foot and car traffic and has tremendous exposure due to its corner location and double lot. The subject property features two retail spaces and one two-story (3) bedroom and (2) bathroom apartment which are all currently vacant. The subject property is zoned LAC2 which can allow a variety of commercial uses. The subject property features on-site parking for (7) vehicles with additional (1) car garage parking that can be accessed on 66TH Street. The offering is located in a densely populated area with over 370,000 people residing within a 3 mile radius. The subject property is just blocks away from national credit tenants such as McDonald's, 7-Eleven, and Taco-Bell. The subject property is located 2 miles from the new Los Angeles Rams Stadium in Inglewood which is currently under construction. The Los Angeles Country Metropolitan Transportation Authority (Metro) is currently constructing a $2 Billion light-rail line along 8.5 miles of Crenshaw Blvd, which will connect the existing Expo Line at the Crenshaw/Exposition station to the Green Line at the Aviation/LAX Station.

Continue Reading
April, 2019
Apr 24, 2019

Date

Sold (Public Records)

Public Records

$825,000

Price
November, 2008
Nov 4, 2008

Date

Sold (Public Records)

Public Records

$829,670

Price

Tax History for 6622 Crenshaw Blvd

Assessed Value (2020): $841,500

Year	Land Value	Improved Value	Assessed Value
2020	$739,500	$102,000	$841,500

About 6622 Crenshaw Blvd

Detailed summary of property

6622 Crenshaw Blvd is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90043 and last sold on April 24, 2019 for $825,000. This property has -- bedrooms, -- bathrooms, roughly 4,010 living square feet, and sits on an approximately 7,921 square foot lot. Homes 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 30.67% lower than the current median priced home. 6622 Crenshaw Blvd was last sold on April 24, 2019 for $825,000. Local nearby listings include 3310 W 74th St, 6517 6th Ave and 3327 W 59th Pl. The average home in Los Angeles, CA is selling in 96 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. If you are the homeowner and looking to sell the home at 6622 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 6622 Crenshaw Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1950
Sq. Ft.: 4,010
Lot Size: 7,921
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 34
APN: 4006-016-027

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

Median Sale to List Price %

96.93%

Avg Days on Market

Loan Type

Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote