Description
10203 Crenshaw Blvd is a fantastic 6-unit multi-familyinvestment opportunity located just steps from the brand newNFL Stadium and Hollywood Park Development. Once units arerented for market, the property would operate at a 6.77 CAPand 10.81 GRM. With over 30% upside availability in monthlyrental income, this is perfect for any investor looking for avalue-add deal in a rapidly appreciating neighborhood.With 4,849 SF of rentable space, the property consists of (4)2Bed/1Bath & (2) 1Bed/1Bath units. (2) 2Bed/1Bath units havebeen completely remodeled, leaving nothing untouched.Upgrades include bran new appliances, new floors,countertops, and Washer/Dryer in unit.10203 Crenshaw Blvd is only 1 block away from the Brand NewNFL Stadium, Clippers Arena and the Hollywood ParkDevelopment, which will include 500,000 SF of retail space, a300 unit hotel, 314 apartment units and plenty of office space.This value-add property is an ideal pickup for any buyerlooking for great upside in monthly rental income!
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
10203 Crenshaw Blvd is a fantastic 6-unit multi-familyinvestment opportunity located just steps from the brand newNFL Stadium and Hollywood Park Development. Once units arerented for market, the property would operate at a 6.77 CAPand 10.81 GRM. With over 30% upside availability in monthlyrental income, this is perfect for any investor looking for avalue-add deal in a rapidly appreciating neighborhood.With 4,849 SF of rentable space, the property consists of (4)2Bed/1Bath & (2) 1Bed/1Bath units. (2) 2Bed/1Bath units havebeen completely remodeled, leaving nothing untouched.Upgrades include bran new appliances, new floors,countertops, and Washer/Dryer in unit.10203 Crenshaw Blvd is only 1 block away from the Brand NewNFL Stadium, Clippers Arena and the Hollywood ParkDevelopment, which will include 500,000 SF of retail space, a300 unit hotel, 314 apartment units and plenty of office space.This value-add property is an ideal pickup for any buyerlooking for great upside in monthly rental income!
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.