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2234 Crenshaw Boulevard

Los Angeles, CA 90016

– beds
– baths
– sqft
7,839 sqft lot
2024 build
– on site

NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX 6% CAP FULLY LEASED TO SECTION 8 TENANTS We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a turnkey 6% Cap rate! The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, and supporting services providing high-paying and stable jobs. Mid-City overall has been a very hot market, its centralized location makes it convenient to get to the beach cities or downtown within minutes. This non-rent-controlled luxury complex is comprised of three duplexes, totaling seven new construction townhomes, each with private laundry rooms and parking for select units. The layouts are very functional and desirable among renters. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances, and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.

Listed By CRMLS_CA / Martin Fish / Citivest Realty Services, Inc / 310-905-4834

Last checked: Checking… • Last updated Dec 9, 2024 •

MLS# PW24202422 —

The Building

Year Built:

2024
Year Built Source:

Builder
New Construction:

Yes
Building Area Total:

10110.00
Building Area Units:

Square Feet
Total Number Of Units:

7
# of Buildings:

3
Builder Name:

True Built Construction
Architectural Style:

Modern
Roof:

Common Roof
Foundation:

Slab
Exterior Features:

Lighting
Stories Total:

3
Entry Level:

1
Number With Patio:

6
Common Walls:

2+ Common Walls
Green Sustainability:

Conserving Methods, Recycled Materials, Renewable Materials
Green Verification:

1
# of Separate Gas Meters:

7
# of Separate Water Meters:

7
# of Separate Electric Meters:

7

Interior

Features:

Balcony, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting
Levels:

Three Or More
Entry Location:

Street
Door Features:

ENERGY STAR Qualified Doors
Window Features:

ENERGY STAR Qualified Windows
Flooring:

Laminate
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, In Closet, Inside, Stackable, Washer Included
Laundry:

1

Location

Directions:

On Crenshaw and cross street is 23rd St.
Latitude:

34.03723900
Longitude:

-118.33204600

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Turnkey
Zoning:

LAR3
Lot Features:

6-10 Units/Acre
Lot Size Area:

7839.0000
Lot Size Acres:

0.1800
Lot Size SqFt:

7839.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Neighborhood
Fencing:

Excellent Condition
Fence:

Yes
Security Features:

Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2187.01
Tax Tract:

2
Tax Lot:

93

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

5060005005

Heating & Cooling

Heating:

1
Heating:

Central, ENERGY STAR Qualified Equipment
Cooling:

Yes
Cooling:

Central Air, ENERGY STAR Qualified Equipment

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts
Green Energy Generation:

Solar
Green Energy Efficient:

Appliances, Construction, Doors, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
Green Water Conservation:

Reclamation
Water Source:

Public

Appliances

Appliances:

Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
Included:

Yes

The Community

Features:

Sidewalks, Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

8.00
Garage Spaces:

6.00
Uncovered Spaces:

2.00

Extra Units

Average 3 Bed Area:

1248
Number With Disposal:

7
Number With Dishwasher:

7
Number With Refrigerator:

7

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
12/5/24 Dec 5, 2024	Price Changed	CRMLS_CA	$4,222,000	-1.8%
11/14/24 Nov 14, 2024	Price Changed	CRMLS_CA	$4,299,000	-0.6%
10/30/24 Oct 30, 2024	Price Changed	CRMLS_CA	$4,325,000	-0.6%

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This multifamily located in Central LA, Los Angeles, CA 90016 is currently for sale for $4,222,000. 2234 Crenshaw Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 82 days. 2234 Crenshaw Boulevard is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Johnnie L Cochran Jr Middle School, Arlington Heights Elementary School, and Los Angeles Senior High.

Listing Courtesy of: CRMLS_CA and Citivest Realty Services, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 09:16 on Dec 21.

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.