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5107 Crenshaw Blvd
Los Angeles, CA 90043 Park Mesa Heights

$2,385,000 USD

Apartments For Sale • 5,799 SF

Property Details

Property Type Apartments
Total Building Size 5,799 SF
Lot Size 0.24 AC
Building Class C
Year Built 1934
Cap Rate 6.85 %
Zoning LAR4

51 Transit Score

79 Walk Score

                
                    Highlights
                
                                Fully renovated 6-unit property in Windsor Hills
                            
                                Front structure is a Tudor style fourplex (renovated in 2024) consisting of (1) 4BD/4BA unit, (1) 3BD/2BA unit, and (2) studio units
                            
                                Back structure consists of (2) newly built 3BD/3BA ADUs, property to be delivered fully vacant
                            
                                New ADUS are not subject to any rent control (Buyer to verify)
                            
                                Situated in a qualified opportunity zone, providing potential tax incentives
                            
                                Ideal for co-living or master lease housing programs with 15 bedrooms and 14 bathrooms

Financial Summary (Actual)

Net Operating Income: $162,189 USD (2024)

Cap Rate:	6.85 %
Total Expenses:	$70,611 USD

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Tenant Controlled HVAC
Heating
Kitchen
Oven
Tub/Shower
Public Transportation
Smoke Detector

Public Transportation

Transit/Subway	Drive	Walk	Distance
Leimert Park Station (Metro K-Line - Metro - Los Angeles)	2 min	11 min	0.6 mi
Hyde Park Station (Metro K-Line - Metro - Los Angeles)	1 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
Los Angeles International	14 min	-	7.2 mi
Bob Hope	31 min	-	18.1 mi
Long Beach (Daugherty Field)	29 min	-	21.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate

5107 Crenshaw Blvd Los Angeles, CA 90043 Park Mesa Heights