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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
$ 1,250,000
Est. payment | /mo
6,703 Sqft Lot
$ 1,250,000
Est. payment | /mo
6,703 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25188618
Year Built 1955
Lot Size 6,703 Sqft
Source California Regional MLS
Property Description
We are pleased to present 10625 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 5.71% CAP Rate & 11.3 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. 10625 Crenshaw Blvd can also be sold together with 10607 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
Interior
Cooling None
Laundry 30, 38
Exterior
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 4030032019
Special Listing Condition Not Applicable
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Yuri Lavrentiev
REALTOR® | Lic# CA DRE #02103193