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7521 Crenshaw Blvd, Los Angeles, CA 90043
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7521 Crenshaw Blvd Los Angeles, CA 90043

$3,800,000
  • 91 Beds
  • 91 Baths
  • 6,064 Sq.Ft.
For Sale
$3,800,000 Get Pre-Qualified
Map preview of 7521 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 7521 Crenshaw Blvd Los Angeles, CA has 91 bedrooms, 91 bathrooms, 6,064 living square feet and 6,105 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: 20 Units, 3 blocks from Morningside Park, All 1 bdrm/ 1 bath units. Clean building with vaulted ceilings in every unit. Quite Building, (No Brainer) EZ to manage. Xlnt Exchange property. Great Numbers, and Location. Property is sold as a pkg including 7525 Crenshaw Blvd. APN: 4012-020-005 2-10 unit buildings. Beautiful Courtyard, Separately Metered Please submit all offers with Pre-Approval Letter, DU & Proof of Funds.

Listed by Peter Bledsoe | BRE #00814749 | Realty Executives Westside
Last checked: 9 minutes ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,105
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24438529
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $16,664
  • Total Rent: $19,968
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 11
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $17,400
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $21,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,391
  • Total Rent: $16,692
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,129
  • Total Rent: $13,548
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $778
  • Total Rent: $9,336
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $13,200
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 8
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $969
  • Total Rent: $11,628
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 9
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,616
  • Total Rent: $19,392
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 10
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $21,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 11
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,621
  • Total Rent: $19,452
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 12
  • # of Units: 13
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,604
  • Total Rent: $19,248
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 13
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,039
  • Total Rent: $12,468
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.14%
  • Gross Rent Multiplier: 10.86
  • Gross Scheduled Income: --
  • Net Operating Income: $195,217
  • Gross Operating Income: $350,040
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 7521 Crenshaw Blvd

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Property Details for 7521 Crenshaw Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included
Kitchen Information
  • Has Appliances
  • Vented Exhaust Fan
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Parking Space
Property Information
  • Total # of Units: 10
  • Parcel Number: 4012020004
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Property is on the corner of W 76th St and Crenshaw Blvd, Major cross street is W. Florence Ave
View more facts & features

Local Los Angeles Agent

Sale History for 7521 Crenshaw Blvd

Last leased for $1,550 on November 12th, 2021

  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: 24438529

    $3,800,000

    Price

  • September, 2021

  • Sep 7, 2021

    Date

    Active

    CRMLS: 21780842

    $1,550

    Price

  • Listing provided courtesy of CRMLS

    Just minutes away from up-and-coming Inglewood and blocks away from the new Metro Line (scheduled to open next year). Easy access to the Forum, LAX, gyms, movie theaters, shopping centers, great restaurants, transportation, schools, and just about everything you could ask for. Parking spaces available in alley, and onsite laundry room.

  • June, 2007

  • Jun 29, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2004

  • Apr 20, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7521 Crenshaw Blvd

Assessed Value (2020): $846,017
Year Land Value Improved Value Assessed Value
2020 $585,014 $261,003 $846,017

Home Value Compared to the Market

This property vs the competition

7521 Crenshaw Blvd is listed 216.67% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $626.65 per/sqft which puts the price per square foot 18.41% lower than the median price per square foot for the city of Los Angeles.

About 7521 Crenshaw Blvd

Detailed summary of property

7521 Crenshaw Blvd is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 91 bedrooms, 91 bathrooms, roughly 6,064 living square feet, and sits on an approximately 6,105 square foot lot. 7521 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on September 12, 2024. The homeowner is currently asking $3,800,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 216.67% higher than the median priced home. Local competing homes currently for sale include 3820 Montclair St, 10961 S Figueroa St and 1205 W 37th Dr. While the average home in Los Angeles, CA is selling in 106 days, 7521 Crenshaw Blvd has a days on market of 8 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 7521 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 7521 Crenshaw Blvd

Public county record property details
Beds
10
Baths
10
Year built
1953
Sq. Ft.
6,064
Lot Size
6,103
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17,19
APN
4012-020-004

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
$950,000
Median List Price/Sq.Ft.
$623
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$647
Total Inventory
95
Median Sale to List Price %
103.02%
Avg Days on Market
34
Loan Type
Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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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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