10
See all 10 photos
$1,200,000
Est. payment /mo
Pending
10607 Crenshaw BLVD Inglewood, CA 90303
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB25188481
HOA Y/N No
Year Built 1954
Property Sub-Type Mixed Use
Property Description
We are pleased to present 10607 Crenshaw Blvd in Inglewood. This value-add opportunity consists of (1) 2-bed/1-bath unit and (4) 1-bed/1-bath units only blocks from the Intuit Dome, SoFi Stadium and YouTube Theater at Hollywood Park. There are laundry hookups in each unit, updated electrical panels, and new windows/doors from the FAA Sound Insulation Program. Operating at a 5.61% CAP Rate & 11.36 GRM, investors can unlock significant value through rental increases and ADU conversion from the five garages with alley access. The property has a well-manicured lawn, shrubs, and mature trees that enhance curb appeal and offer a relaxing outdoor area for tenants to enjoy. 10607 Crenshaw Blvd can also be sold together with 10625 Crenshaw Blvd, offering investors the rare opportunity to purchase two 5-unit buildings in a robust rental market that has seen explosive growth over the past decade.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INR3YY
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Lawn, Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4030032016
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112
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