CA > Los Angeles
Los Angeles, CA 90043,7801 Crenshaw BLVD
Los Angeles, CA 90043,7801 Crenshaw BLVD
Los Angeles, CA 90043,7801 Crenshaw BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$845,000
Est. payment /mo
4 Beds
4 Baths
1,680 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $502

MLS Listing ID 25530171

Bedrooms 4

HOA Y/N No

Year Built 1965

Lot Size 5,022 Sqft

Property Description

Offered at $845,000, 7801 Crenshaw Ave is a character-rich, mid-century A-frame four-plex zoned C2-1VL fronting the rapidly transforming Crenshaw Corridor just one block to Metro rapid bus service, under a mile to the K-Line's Hyde Park station and minutes to SoFi Stadium, the Kia Forum, LAX and West Adams. Four spacious 1 Bd/1 Ba units currently leased as a mix of salons and offices (three at $1,295 and one at $1,800) generate $68,220 in scheduled rent and $29,390 NOI for a 3.5 % cap and 12.4 GRM today, with immediate upside as below-market leases roll. The 5,023-sqft C2-1VL corner lot is Tier-2 TOC, unlocking a 40 % density bonus, parking reductions and up to 17 units/1.95 FAR for a future three-story mixed-use or pure multifamily build (buyer to verify). Two roll-up garages offer ADU or EV-parking potential; separately metered power, modest utilities (48 % expense ratio) and proactive maintenance including seismic gas-shutoff valves protect cash flow. At $211k per door / $503/sqft of existing improvements and a sub-$50/sqft dirt basis, this is a rare chance to bank entitled land, hold for appreciation, or redevelop in one of L.A.'s most dynamic submarkets. Delivering cash flow today and blueprint value tomorrow.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAC2

Interior

Fireplace No

Exterior

Garage Spaces 4.0

Garage Description 4.0

Attached Garage No

Total Parking Spaces 4

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4012023005

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by James Respondek • Rodeo Realty - Pacific Palisades

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