731 Crenshaw Boulevard

Los Angeles CA 90005

3246 sq. ft.

7500 sq. ft.

Other

Last sold for $1,325,000

Song Hee Chung, last sold this property on 23 December 2021 after -2 days on market.

Overview

Amazing location in Wilshire and Crenshaw. Ideal for owner / user, investor or developer. The property has been used as a boarding house. The use code is Boarding / Rooming house with 8 beds and 5 baths, but with 16 beds and 8 baths. This property offers potential to be used for the purpose of the new owner. The property is within a block of the Wilshire / Crenshaw Metro line station and is sitting on massive 7500 SF R3 TOC Tier 3 lot in Hancock Park, which allows to be built up to 16 units. The current income for this property is $11320 and the property will be delivered vacant at COE. Please do not disturb occupants. The buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals to satisfy themselves. Cash offer only.

Features

8 carspaces

3246 sq. ft. floor area

7500 sq. ft. lot size

Other

Estimated Value

Based on this property and similar other properties sold in Los Angeles over the last 12 months, the estimated median property value of 731 Crenshaw Boulevard is $2.35m.

Median value

$2.35m

Estimated value range

$890k - $4.65m

Median days on market

132

Estimated value trend

52%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 731 Crenshaw Boulevard

2021

Sold

$1,325,000

23 Dec 2021 by Song Hee Chung, of New Star Realty

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.