2340 Crenshaw Boulevard,Los Angeles,Los Angeles,ResidentialIncome

Property Description

A large, 2-building asset with excellent visibility on one of LA’s best-known thoroughfares – with 10s of 1,000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear – open spots, as well. Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 – 4% scheduled, allowable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.