8101 Crenshaw Boulevard, Inglewood, CA 90305

$1,375,000

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Sold Price
$1,375,000
List Price
$1,575,000
Closing Date
Jan 29, 2024
Status
CLOSED
MLS#
SB23206630
Year Built
1936
Lot Size
6,801
Acres
0.16
Lot Location
6-10 Units/Acre
Days on Market
10
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

8101 Crenshaw Blvd is great value add opportunity located in Inglewood, only 1.5 miles from the new SoFi Stadium. This property consists of three separate buildings on a spacious 6,801 SF corner lot (Zoned R3). The front building features four 1-bedroom units, while the second building offers two 1-bedroom units. The third rear building consists of a studio unit and a shared laundry facility for the property. Additionally, there are six 1-car garages facing 81st St, ensuring secure parking options. The property boasts a well-maintained grass courtyard with a charming patio area and seating, creating a nice outdoor space. Its prime location places it in close proximity to major attractions like SoFi Stadium, The Kia Forum, and Hollywood Park Casino and only 1 mile from the LA Metro Fairview Heights Station offering access to the rest of Los Angeles. Available for $225K/door and with 34% rental upside, 8101 Crenshaw Blvd is an ideal asset for any value-add investor or trade buyer.

Additional Information

Pool Description
None
View
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$100,152
Operating Expense
39574

Listing courtesy of Listing Agent: Brett Lyon (Broker@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Listing sold by Brett Lyon from Lyon Stahl Investment Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.