4252 S Crenshaw Blvd | Los Angeles, CA 90008
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4252 S Crenshaw Blvd
Los Angeles, CA 90008
4252 Crenshaw · Multifamily Property For Sale · 111 Units
Investment Highlights
- An investor can capitalize on sub 3% interest rates and lock-in rates that significantly increase cash flow
- Rent is projected to increase an additional 7.5% over the next 3 years
- Close proximity to high-paying employers such as Kaiser Permanente, Netflix, Sony, HBO attract young professionals to the area
- Leimert Park has experienced a 34.4% rent growth increase over the previous 5 years and over 70% of residents rent
- Home prices have risen 118% since 2010, with a median single-family home sale price of $730,000, causing area residents to rent instead of buy
- Leimert Park is experiencing a massive influx of investment into retail, office, and community amenities drawing in new businesses and renters
PROPERTY FACTS
| No. Units | 111 | Lot Size | 3.53 AC |
| Property Type | Multifamily | Building Size | 145,298 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid Rise | Year Built | 2020 |
| Building Class | B |
| No. Units | 111 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 3.53 AC |
| Building Size | 145,298 SF |
| No. Stories | 4 |
| Year Built | 2020 |
Unit Amenities
- Air Conditioning
- Balcony
- Refrigerator
- Tub/Shower
- Views
- Patio
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Grill
- Package Service
- Bicycle Storage
- Elevator
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 56 | - | 281 - 403 |
| 1+1 | 55 | - | 403 |
zoning
| Zoning Code | LAC1.5 |
| LAC1.5 |
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