1226 CRENSHAW Boulevard, Los Angeles, CA, 90019

  • $1,599,000
  • $1,599,000
1226 CRENSHAW Boulevard , Los Angeles, CA 90019
Active For Sale
1226 CRENSHAW Boulevard , Los Angeles, CA 90019
  • $1,599,000
  • $1,599,000

Description

Rare duplex property located within Country Club Park, minutes from Hancock Park, Koreatown, and Mid-Wilshire/Miracle Mile. The home was renovated in 2003 and a Certificate of Occupancy for use as a duplex was issued in 2004. Both units consist of 4 bed / 3 bath with a separate detached 4-car garage structure. Current tenants are long term tenants and are on month-to-month leases which will allow the Buyer with many options as rents are well below market rates. With tasteful renovations a 25-30% rental increase is a good possibility. Single family residence prices have skyrocketed so a Buyer may have the excellent option to live in one unit while renovating the other unit for a premium rental price to help offset their loan, or if an all cash Buyer, to help create a welcome additional stream of income. R3 Zoning allows for home occupational uses which adds to the flexibility of this property.

  • Address 1226 CRENSHAW Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019

Details

Updated on January 26, 2022 at 9:34 pm
  • Property ID: 22120731
  • Price: $1,599,000
  • Land Area: 0.1678 Acres
  • Year Built: 1916
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Appliances: Dishwasher,Disposal
  • Style: Contemporary
  • Heating: Central
  • Cooling: Central Air
  • Zone: LAR3
  • Days On Market: 205
  • LotSize SquareFeet: 7309.00

Features

Listed by

CPGI
Agent Name : Johnny Cho
Agent State License : 01465797

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Lina Chu
  • Lina Chu