Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
$2,500,000
We are pleased to offer for sale 6521 South Crenshaw Boulevard, a 14-unit (12 + 2 ADUs) apartment community located south of Slauson Avenue and west of Western Avenue. Situated on a 10,765-square-foot parcel, the property features a balanced unit mix ranging from studio to three-bedroom units. It is being… Read More offered at an attractive 7.34% cap rate and 8.36 GRM, with 27% remaining rental upside through unit renovations.Ongoing investment and development activity throughout South Los Angeles, coupled with the asset's remaining value-add potential, position 6521 South Crenshaw Boulevard as a compelling opportunity for investors seeking cash flow and long-term appreciation. Read Less
Listing Snapshot
Days Online
67
Last Updated
Beds
19
Square Ft.
9,132
Lot Size
0.25 Acres
Year Built
1941
MLS Number
25603243
Additional Details
Building
Built in 1941, Living area: 9132.0, 2 buildings, 2 stories, Levels: Two
Income
Gross Income: $298,962, Net Operating Income: $183,527
Lot
0.2471 acres
Parking
1 total parking spaces, None
Taxes
Parcel Number: 4006018006, Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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