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Key Details
Sold Price $3,075,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26064661
Sold Date 08/08/26
Bedrooms 3
Lot Size 0.310 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
The subject property is a two story walkup apartment complex consisting of two 10 unit buildings on one parcel. The buildings were constructed in 1960 and have an equal mix of 1 and 2 bedroom units. There is a laundry room onsite and parking for 20 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 7324 Crenshaw Blvd, is a 10 unit apartment building and is being offered for sale by the same ownership as a portfolio. The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot and is 30 minutes from Downtown LA. The area is densely populated which results in a strong rental market.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Florence on Crenshaw at 74th Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4012015023
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Bought with Stephen Lampe Re/Max Commercial & Investment
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