$1,599,000
For Sale

1226 CRENSHAW Boulevard

Los Angeles, CA 90019
Courtesy of CPGI
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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.
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  • Interior Details
    • Beds & Baths
      • Bathrooms:2
  • Property Details
    • Property
      • Stories:2
    • Measurements
      • Acres:0.1678
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1916
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 649, 000
      • Selling office_commission:2.000
  • Other
    • Source
      • MLS #:22120731

Location

Team SkulickReal Estate Group
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