See all 33 photos
33 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,659,000
Est. payment /mo
7,474 Sqft Lot
UPDATED:
12/05/2024 05:22 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24455271
HOA Y/N No
Year Built 1909
Lot Size 7,474 Sqft
Property Description
This versatile property with prime investment potential offers a wealth of opportunities. LA County permitted for 'boarding house' use, it's ideal for private residences, business spaces, or apartment development project. Featuring 7 bedrooms and 3 bathrooms(as opposed to 2 bathrooms listed in public records), the property offers a large yard and ample parking. The neighboring properties at 1709 and 1721 Crenshaw Blvd. are also available for sale. Acquiring these properties together opens the door to a substantial investment project, with the potential for a large-scale future development. The property is also exceptionally well-connected to the rest of Los Angeles. It's close to 10 Freeway, which provides quick access to Downtown LA, Santa Monica, and broader LA area. Public transportation options include several nearby bus routes and Expo Line's Crenshaw/Expo Station, just a short drive away, offering convenient transit to Santa Monica, USC, and Downtown LA.Agent Remarks : Buyers are advised to thoroughly research and review any/all permits and other related documents with appropriate govt. authorities to ensure full compliance and satisfy themselves. Roof solar system.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Rooms
Other Rooms Living Quarters
Interior
Fireplace No
Laundry Outside
Exterior
Utilities Available See Remarks
Roof Type Shingle
Total Parking Spaces 10
Building
Lot Description Front Yard, Rectangular Lot
Story 2
Water Public
Additional Building Living Quarters
Others
Tax ID 5071001033
Security Features Smoke Detector(s)
Financing Cash
Special Listing Condition Standard
Read Less Info
Listed by Julie Lee • I & J Properties, Inc.
GET MORE INFORMATION