1226 CRENSHAW BOULEVARD, LOS ANGELES, CA 90019

  • 3,968 sqft
  • Lot Size: 7,309 sqft
  • Built in 1916
  • MLS #22120731
For Sale $1,599,000

Description

Rare duplex property located within Country Club Park, minutes from Hancock Park, Koreatown, and Mid-Wilshire/Miracle Mile. The home was renovated in 2003 and a Certificate of Occupancy for use as a duplex was issued in 2004. Both units consist of 4 bed / 3 bath with a separate detached 4-car garage structure. Current tenants are long term tenants and are on month-to-month leases which will allow the Buyer with many options as rents are well below market rates. With tasteful renovations a 25-30% rental increase is a good possibility. Single family residence prices have skyrocketed so a Buyer may have the excellent option to live in one unit while renovating the other unit for a premium rental price to help offset their loan, or if an all cash Buyer, to help create a welcome additional stream of income. R3 Zoning allows for home occupational uses which adds to the flexibility of this property.

FACTS / FEATURES

  • Built in 1916
  • Lot Size: 7,309 sqft
  • Style: Contemporary
  • Cooling: Central Air
  • Heating: Central
  • Parking: 4 spaces total

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Listing Provided by Johnny Cho, CPGI
Based on information from California Regional Multiple Listing Service, Inc. as of September 30, 2022. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.