Listing provided courtesy of Jon Emrani of Marcus & Millichap. Last updated 2024-11-23 09:11:38.000000. Listing information © 2024 CRMLS.
Asking Price: $1,125,000
2254 Crenshaw, Los Angeles CA 90016
Community: C16 - Mid Los Angeles
Status: Active
This property was built in 1922 and is priced at $1,125,000. Please see the additional details below.
$100,000 Price Reduction. Development/conversion project for a 7 unit building to be built within the existing envelope of the current 3 units. The project will be delivered shovel ready, (RTI) with a buyer being able start the construction on day one. The new unit mix consists of 4: 2+1, 2: 1+1 and a studio. The property is to be delivered fully vacant. Approximate 7.5 Cap and 8.5 GRM after Completion based on proforma rents.