10619 Crenshaw Boulevard

Inglewood, CA 90303

$1,500,000
Price
6
Beds
5
Baths
3,400 Sq. Ft.
$441 / Sq. Ft.
3,400
Sq. Ft.
$441
per Sq. Ft.

Description

Excellent prime investment opportunity in the City of Inglewood with approximately 25% upside. This property has been well maintained and a full exterior paint job was just completed. The property previously had airport soundproofing work done which included central air and heat installation, new windows, new doors, and new insulation for every unit. This is a beautiful property that is low-maintenance. Units are under City of Inglewood rent control. The new owner can increase rents over the allowable...Excellent prime investment opportunity in the City of Inglewood with approximately 25% upside. This property has been well maintained and a full exterior paint job was just completed. The property previously had airport soundproofing work done which included central air and heat installation, new windows, new doors, and new insulation for every unit. This is a beautiful property that is low-maintenance. Units are under City of Inglewood rent control. The new owner can increase rents over the allowable amount by utilizing the"below market rate rent increase request" option. Own a wonderful property near everything great about the City of Champions such as SoFi Stadium, Clippers Arena, theForum, healthcare, transportation, and more new venues to come. Do not disturb occupants.
  1. Listed by Melissa Barlow • DRE #01498928 • Brokerage DRE #01834648 • Elite Representation Real Estate

Property Details for 10619 Crenshaw Boulevard

Water Front
None
Zoning
INR3YY
Parcel Number
4030032018
Total Units
5.0
Living Area
3400
Source Living Area
Vendor Enhanced
Area
South Inglewood (102)
Vacancy Rate
2991
LISTING UPDATED: 08/17/2024 12:01 AM

Property Details for 10619 Crenshaw Boulevard

StatusActive
MLS #24-425825
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.15 AC / 6,704 SF
CountyLos Angeles County

Building Information for 10619 Crenshaw Boulevard

Stories2Residences-Year Built1955Building Size-Lot Size0.15 AC / 6,704 SF

Property Information for 10619 Crenshaw Boulevard

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 5
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $99,697
  • Net Operating Income: $55,063.00
  • Gross Income: $99,697
  • Cap Rate: 3.67%
  • Gross Rent Multiplier: $15.12
  • Financial Info as Of: 08/09/2024
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener, Other
  • Total Annual Expense: 44634
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1539
  • Lot Size Square Feet: 6704
  • Lot Features: Lawn
  • Lot Description: Lawn
  • Lot Location: None
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 5
  • Covered Parking: 5
  • Garage Spaces Total: 5
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-14-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,787.30
  • Unit Actual Rent: $1,787.30
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,795.00
  • Unit Actual Rent: $1,795.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,660.50
  • Unit Actual Rent: $1,660.50
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,493.50
  • Unit Actual Rent: $1,493.50
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,528.50
  • Unit Actual Rent: $1,528.50
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $136,110.00
  • Assessed Improvement Percent: 20.72
  • Assessed Land Value: $520,785.00
  • Assessed Land Percent: 79.28
  • Assessed Total Value: $656,895.00
  • Private Transfer Taxes: No

Property History for 10619 Crenshaw Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 10619 Crenshaw Boulevard

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 6 to 8
Charter - K to 8
Rating
School
Distance
Clyde Woodworth Elementary School
PublicK to 8

Morningside High School
Public9 to 12

Monroe (Albert F.) Middle School
Public6 to 8

Children of Promise Preparatory Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10619 Crenshaw Boulevard is a multi-family home for sale in Inglewood, CA 90303. This property was listed for sale on August 9, 2024 by Elite Representation Real Estate, it's currently listed at $1,500,000. It has been on the market for a total of 134 days and was last sold on July 15, 1997. This listing's school district is Inglewood Unified School District. Nearby schools include Clyde Woodworth Elementary School, Morningside High School and Monroe (Albert F.) Middle School. 10619 Crenshaw Boulevard is a 6-bed, 5-bath, 3,400 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Representation Real Estate, Melissa Barlow, DRE #01498928

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.