Address
1502 Crenshaw Boulevard Los Angeles, CA
Price
$ 1,365,000
Property Attributes
  • MLS#21743032
  • TypeSingle Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90019
  • StyleSingle Family Residence
  • Price$ 1,365,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2542
  • Lot Size7,102 SqFt
Listing Provided Courtesy Of:
Yohann Bensimon with Keller Williams Hollywood Hills
Data Source:
CLAW
Property Description

RTI DEVELOPMENT OPPORTUNITY. The sale of this property comes with fully approved RTI plans to build a 7,695sf 4-Unit townhome style complex with 20 bedrooms, 19 bathrooms and 9 parking spaces. The plans for the modern minimalist double duplex feature (3) 5Br+5Ba units and (1) 5Br+4Ba unit with balconies, patios and rear units with private outdoor space. Parking includes 5 uncovered and 4 covered spaces. All utilities are individually metered. The future property has an estimated ARV of $3mil to $3.2mil with a projected annual gross income of $230,000 (an avg. monthly rent of $4,800/unit), putting it at an approx. 5.5% Cap. Currently standing is a 2,542sf 4Br+2Ba SFR on a 7,100sf LAR3-1 T.O.C. Tier 3 lot. Located in a Prime Mid-City pocket near grocery markets, schools and trendy restaurants such as Pasta Sisters, Grain Cafe and Gus' World Famous Fried Chicken.

Price History
6/3/2021 Listed $1,365,000

General Features

Cooling Central Air
Facing Direction West
Heating Central
Levels Two, Three Or More
Listing Agent Yohann Bensimon - BRE#01966630
Listing Agent State License 01966630
MLS Area C16 - Mid Los Angeles
Patio/Porch Features Rear Porch, Open, Patio
Pool Features None
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Spa Features None
Special Listing Conditions Standard
Stories 2
View None
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Fireplace Features None
Full Baths 2
Heating Y/N Yes
Laundry Features See Remarks
Living Area 2542
Total Baths 2
Total Bedrooms 4

Exterior Features

Lot Size Area 7102
Lot Size Square Feet 7102
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90019

Price
AVG $1.43M
$1.37M
Visits
AVG 27
3
Year Built
AVG 1927
1923

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