2234 Crenshaw Boulevard
Description
We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a turnkey 6% Cap rate! The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment...NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX 6% CAP FULLY LEASED TO SECTION 8 TENANTS
We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a turnkey 6% Cap rate! The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, and supporting services providing high-paying and stable jobs. Mid-City overall has been a very hot market, its centralized location makes it convenient to get to the beach cities or downtown within minutes. This non-rent-controlled luxury complex is comprised of three duplexes, totaling seven new construction townhomes, each with private laundry rooms and parking for select units. The layouts are very functional and desirable among renters. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances, and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.
- Listed by Martin Fish • DRE #01988997 • Brokerage DRE #01875823 • Citivest Realty Services, Inc • 310-905-4834
- Listed by Seth Hamilton • DRE #01897619 • Brokerage DRE #01875823 • Citivest Realty Services, Inc
Property Details for 2234 Crenshaw Boulevard
Property Details for 2234 Crenshaw Boulevard
| Status | Active |
|---|---|
| MLS # | PW24202422 |
| Days on Market | 91 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 0.18 AC / 7,839 SF |
| County | Los Angeles County |
Building Information for 2234 Crenshaw Boulevard
Property Information for 2234 Crenshaw Boulevard
- Tenant Pays: Cable TV, Electricity, Gas
- Gross Income: $323,244
- Gross Scheduled Income: $323,244
- Net Operating Income: $253,191
- Number Of Rented Garages: 6
- Cap Rate: 6.0
- Operating Expense: $60,355
- Insurance Expense: $3,589
- Maintenance Expense: $4,200
- Professional Management Expense: $0
- Trash Expense: $1,000
- Total Expenses: $60,355
- Tax Tract Number: 2
- Tax Census Tract: 2187.01
- Tax Lot: 93
- Assessments YN: No
- Assessments: None
- Community Features: Sidewalks, Urban
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
- Equipment: Dishwasher, Dryer, Dryer Included, In Closet, Inside, Laundry Closet Stacked, Microwave, Refrigerator, Stackable W/D Hookup, Washer, Washer Included
- Interior Features: Balcony, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting
- Laundry: Yes
- Laundry Features: Dryer Included, In Closet, Inside, Stackable, Washer Included
- Laundry Equipment Own Lease: Own
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air, ENERGY STAR Qualified Equipment
- Heating Type: Central, ENERGY STAR Qualified Equipment
- Heating: Central, ENERGY STAR Qualified Equipment
- Flooring: Laminate
- Virtual Tour URL Unbranded: https://ranchophotos.com/mls/2234-crenshaw-blvd/
- Door Features: ENERGY STAR Qualified Doors
- Window Features: ENERGY STAR Qualified Windows
- Security Features: Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
- Exterior Features: Lighting
- Roof: Common Roof
- Entry Location: Street
- Fence: Yes
- Fencing: Excellent Condition
- Foundation Details: Slab
- Property Condition: Turnkey
- View Description: City Lights
- Pool Features: None
- Pool Description: None
- Spa Features: None
- Green Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
- Green Energy Generation: Solar
- Green Sustainability: Conserving Methods, Recycled Materials, Renewable Materials
- Green Water Conservation: Reclamation
- Lot Features: 6-10 Units/Acre
- Number Of Units: 7
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Three Or More
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric: 220 Volts
- Water Source: Public
- Garage Spaces: 6
- Parking: Yes
- Parking Garage: Assigned
- Uncovered Spaces: 2
- Open Other Spaces Total: 2
- Parking Garage Spaces: 6
- Carport Spaces: 0
- Parking Features: Assigned
- Builder Name: TrueBuilt Construction
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $4,000
- Unit Type Total Rent: $4,000
- Unit Type Pro Forma: 0
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,750
- Unit Type Total Rent: $3,750
- Unit Type Pro Forma: 0
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $4,100
- Unit Type Total Rent: $4,100
- Unit Type Pro Forma: 0
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $3,800
- Unit Type Total Rent: $3,800
- Unit Type Pro Forma: 0
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $3,915
- Unit Type Total Rent: $3,915
- Unit Type Pro Forma: 0
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $4,320
- Unit Type Total Rent: $4,320
- Unit Type Pro Forma: 0
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,052
- Unit Type Total Rent: $3,052
- Unit Type Pro Forma: 0
- Unit Type Type: 7
- Number Of Units Leased: 7
- Rent Controlled: No
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 7
- Number Of Separate Gas Meters: 7
- Number Of Separate Water Meters: 7
- Number With Dishwasher: 7
- Number With Range: 7
- Number With Refrigerator: 7
- Number With Disposal: 7
- Number With Patio: 6
Property History for 2234 Crenshaw Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2234 Crenshaw Boulevard
Schools near 2234 Crenshaw Boulevard
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Arlington Heights Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
Global Education Academy 2 CharterK to 5 |
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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Listing Courtesy of Citivest Realty Services, Inc, Martin Fish, DRE #01988997; Citivest Realty Services, Inc, Seth Hamilton, DRE #01897619
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.