WE are pleased to offer for sale 6521 South Crenshaw Boulevard, a 14-unit (12 + 2 ADUs) apartment community located south of Slauson Avenue and west of Western Avenue. Situated on a 10,765-square-foot parcel, the property features a balanced unit mix ranging from studio to three-bedroom units. It is being… Read More offered at an attractive 7.21% cap rate and 8.53 GRM, with 24% remaining rental upside through unit renovations. Ongoing investment and development activity throughout South Los Angeles, coupled with the asset's remaining value-add potential, position 6521 South Crenshaw Boulevard as a compelling opportunity for investors seeking cash flow and long-term appreciation. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. Read Less
Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
Listing Snapshot
Days Online
25
Last Updated
Property Type
Other
Beds
19
Square Ft.
9,132
Lot Size
0.25 Acres
Year Built
1941
MLS Number
25603243
30 Days Snapshot Of 90043
$886k
-10%
(avg) sold price
17
-34%
homes sold
77
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1941, Building area total: 9,132, Levels: Two, Living area: 9132, 2 stories, 2 buildings
Income
Gross income: $304,692, Net operating income: $187,457
Lot
0.2471 acres, 10,765 square feet, Size: 10,765
Parking
1 total parking, None
Property
Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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