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7615 Crenshaw Blvd, Los Angeles, CA 90043
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7615 Crenshaw Blvd Los Angeles, CA 90043

$1,400,000
  • 0 Beds
  • 15 Baths
  • 5,625 Sq.Ft.
For Sale
$1,400,000 Get Pre-Qualified
Map preview of 7615 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 7615 Crenshaw Blvd Los Angeles, CA has -- bedrooms, 15 bathrooms, 5,625 living square feet and 8,253 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: This quaint 4 units plus bonus room building is located less than 2 miles from the famous KIA Form & SOFI Stadium. Each unit boasts a little over 1,400 Sq. Feet each. Every unit has one or more recent upgrades makes it the perfect investment opportunity for an owner user. Property also incudes a space for a billboard sign that can be rented out for additional income.

Listed by Catori Dey El | BRE #01220871 | Catori Dey El
Last checked: 9 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
8,253
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Retail
Status
Active
MLS#
SB24117752
City
Los Angeles
County
Los Angeles
Time on Site
66 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $800
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $2,200
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,800
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,450
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,600
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 7615 Crenshaw Blvd

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Property Details for 7615 Crenshaw Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 4012021004
  • Year Built Source: Public Records
  • Entry Level: 1
  • Offered With Property: Billboard space
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: located near the corner for 77th & Crenshaw. North of Manchester & south of Florence Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 7615 Crenshaw Blvd

Last sold for $655,000 on December 28th, 2005

  • July, 2024

  • Jul 12, 2024

    Date

    Active

    CRMLS: SB24117752

    $1,400,000

    Price

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: 22207225

    $1,350,000

    Price

  • Oct 13, 2022

    Date

    Active

    CRMLS: 22207225

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    SELLER FINANCING AVAILABLE WITH 30% DOWN! We are pleased to present this Retail and Development opportunity in Park Mesa Heights located at 7615 Crenshaw Blvd - this four (4) unit Retail Property is located in South Los Angeles. The two (2) story property consists of Four (4) commercial units on the ground floor and one non-conforming 1 BR / 1BA Unit on the second floor. One (1) retail unit is currently vacant and another unit may be delivered vacant at COE. Three out of the four units have been recently updated and are all Month to Month. All units are individually metered for both gas and electricity. Additionally, this property has billboard income. The property contains Eight (8) parking spaces for the tenants and customers and units are in high rental demand, with significant upsides in the rents. The new owner/investor will benefit from this fantastic Development/Retail added value opportunity located in a Tier 3 Transit Oriented Community (TOC) on an 8,250 SF lot zoned C2-1VL-CPIO. The property could be developed for Retail, Multifamily, Mixed-Use, and a myriad of other usages (BUYER TO VERIFY). The location of the property in the heart of Los Angeles 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). Seller Carry Options available. Please contact the listing agent for details.

  • October, 2022

  • Oct 13, 2022

    Date

    Active

    CRMLS: 22207209

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    SELLER FINANCING AVAILABLE WITH 30% DOWN! We are pleased to present this Retail and Development opportunity in Park Mesa Heights located at 7615 Crenshaw Blvd - this four (4) unit Retail Property is located in South Los Angeles. The two (2) story property consists of Four (4) commercial units on the ground floor and one non-conforming 1 BR / 1BA Unit on the second floor. One (1) retail unit is currently vacant and another unit may be delivered vacant at COE. Three out of the four units have been recently updated and are all Month to Month. All units are individually metered for both gas and electricity. Additionally, this property has billboard income. The property contains Eight (8) parking spaces for the tenants and customers and units are in high rental demand, with significant upsides in the rents. The new owner/investor will benefit from this fantastic Development/Retail added value opportunity located in a Tier 3 Transit Oriented Community (TOC) on an 8,250 SF lot zoned C2-1VL-CPIO. The property could be developed for Retail, Multifamily, Mixed-Use, and a myriad of other usages (BUYER TO VERIFY). The location of the property in the heart of Los Angeles is 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). Seller Carry Options available. Please contact the listing agent for details.

  • September, 2021

  • Sep 16, 2021

    Date

    Expired

    CRMLS: 21731262

    $1,250,000

    Price

  • Aug 18, 2021

    Date

    Active

    CRMLS: 21731262

    $1,250,000

    Price

  • Aug 4, 2021

    Date

    Active Under Contract

    CRMLS: 21731262

    $1,250,000

    Price

  • May 13, 2021

    Date

    Active

    CRMLS: 21731262

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    SELLER FINANCING AVAILABLE WITH 30% DOWN! We are pleased to present this Retail and Development opportunity in Park Mesa Heights located at 7615 Crenshaw Blvd - this four (4) unit Retail Property is located in South Los Angeles. The two (2) story property consists of Four (4) commercial units on the ground floor and one non-conforming 1 BR / 1BA Unit on the second floor. One (1) retail unit is currently vacant. Three out of the four units have been recently updated and are all Month to Month. The new owner/investor will benefit from this fantastic Development/Retail added value opportunity located in a Tier 3 Transit Oriented Community (TOC) on an 8,250 SF lot zoned C2-1VL-CPIO. The property could be developed for Retail, Multifamily, Mixed-Use, and a myriad of other usages (BUYER TO VERIFY). The location of the property in the heart of Los Angeles 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). Seller Carry Options available. Please contact the listing agent for details.

  • August, 2021

  • Aug 24, 2021

    Date

    Active

    CRMLS: 21776024

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    SELLER CARRY Options available! MVP Commercial is pleased to present a Development opportunity in Park Mesa Heights located at 7615 Crenshaw Blvd - this four (4) unit Retail Property is located in South Los Angeles. The two (2) story property consists of Four (4) commercial units on the ground floor and one non-conforming 1 BR / 1BA Unit on the second floor. One (1) retail unit is currently vacant. Three out of the four units have been recently updated and are all Month to Month. The new owner/investor will benefit from this fantastic Development/Retail added value opportunity located in a Tier 3 Transit Oriented Community (TOC) on an 8,250 SF lot zoned C2-1VL-CPIO. The property could be developed for Retail, Multifamily, Mixed-Use, and a myriad of other usages (BUYER TO VERIFY). The location of the property in the heart of Los Angeles 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). Seller carry options available.

  • May, 2021

  • May 13, 2021

    Date

    Active

    CRMLS: 21731332

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    MVP Commercial is pleased to present a Development opportunity in Park Mesa Heights located at 7615 Crenshaw Blvd - this four (4) unit Retail Property is located in South Los Angeles. The two (2) story property consists of Four (4) commercial units on the ground floor and one non-conforming 1 BR / 1BA Unit on the second floor. One (1) retail unit is currently vacant. Three out of the four units have been recently updated and are all Month to Month. The new owner/investor will benefit from this fantastic Development/Retail added value opportunity located in a Tier 3 Transit Oriented Community (TOC) on an 8,250 SF lot zoned C2-1VL-CPIO. The property could be developed for Retail, Multifamily, Mixed-Use, and a myriad of other usages (BUYER TO VERIFY). The location of the property in the heart of Los Angeles 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). Seller carry options available.

  • December, 2005

  • Dec 28, 2005

    Date

    Sold (Public Records)

    Public Records

    $655,000

    Price

  • April, 2003

  • Apr 11, 2003

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 7615 Crenshaw Blvd

Assessed Value (2020): $1,062,121
Year Land Value Improved Value Assessed Value
2020 $674,760 $387,361 $1,062,121

Home Value Compared to the Market

This property vs the competition

7615 Crenshaw Blvd is listed 16.67% 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 $766 and this home is listed at $248.89 per/sqft which puts the price per square foot 67.51% lower than the median price per square foot for the city of Los Angeles.

About 7615 Crenshaw Blvd

Detailed summary of property

7615 Crenshaw Blvd is a retail located in Los Angeles, CA 90043 and is currently for sale. This retail property offers -- bedrooms, 15 bathrooms, roughly 5,625 living square feet, and sits on an approximately 8,253 square foot lot. 7615 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on July 12, 2024. The homeowner is currently asking $1,400,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.67% higher than the median priced home. Local competing homes currently for sale include 9096 Citrus Ave, 1232 W Base Line St and 25362 3rd St. While the average home in Los Angeles, CA is selling in 104 days, 7615 Crenshaw Blvd has a days on market of 64 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 7615 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 7615 Crenshaw Blvd

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
5,625
Lot Size
8,250
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
26-28
APN
4012-021-004

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%)

Tour This Home

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Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823

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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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