7324 Crenshaw, Los Angeles, CA 90043

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Sold Price
$1,500,000
List Price
$1,895,000
Closing Date
Aug 06, 2026
Status
CLOSED
MLS#
SB26064738
Year Built
1961
Lot Size
7,151
Acres
0.16
Lot Location
36-40 Units/Acre
Days on Market
34
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

The subject property is a two-story walkup apartment complex consisting of a 10 unit building with an additional non-permitted unit on one parcel. The building was constructed in 1961 and has 7 (1+1), 3 (2+1) units and a non permitted studio apartment. There is a laundry room onsite, and parking for 10 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 3321-3325 West 74th Street is a 20 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. There are major employers just 30 minutes away in Downtown LA. The area is densely populated which results in a strong rental market.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
11
Gross Scheduled Income
$209,761
Operating Expense
69222

Listing courtesy of Listing Agent: Stephen Lampe (slampe@remaxcir.com) from Listing Office: Re/Max Commercial & Investment.

Listing sold by Stephen Lampe from Re/Max Commercial & Investment

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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.