Inglewood, CA 90303,10607 Crenshaw Boulevard
Inglewood, CA 90303,10607 Crenshaw Boulevard
Inglewood, CA 90303,10607 Crenshaw Boulevard
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$1,250,000
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3,400 SqFt
Active

10607 Crenshaw Boulevard Inglewood, CA 90303

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $367

MLS Listing ID CRSB25188481

HOA Y/N No

Year Built 1954

Lot Size 6,705 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

We are pleased to present 10607 Crenshaw Blvd in Inglewood. This value-add opportunity consists of (1) 2-bed/1-bath unit and (4) 1-bed/1-bath units only blocks from the Intuit Dome, SoFi Stadium and YouTube Theater at Hollywood Park. There are laundry hookups in each unit, updated electrical panels, and new windows/doors from the FAA Sound Insulation Program. Operating at a 5.33% CAP Rate & 11.83 GRM, investors can unlock significant value through rental increases and ADU conversion from the five garages with alley access. The property has a well-manicured lawn, shrubs, and mature trees that enhance curb appeal and offer a relaxing outdoor area for tenants to enjoy. 10607 Crenshaw Blvd can also be sold together with 10625 Crenshaw Blvd, offering investors the rare opportunity to purchase two 5-unit buildings in a robust rental market that has seen explosive growth over the past decade.

Location

State CA

County Los Angeles

Zoning INR3

Interior

Fireplace No

Laundry Gas Dryer Hookup, Other

Building

Lot Description Other

New Construction No

Others

Tax ID 4030032016


Bridge MLS
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.

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agent

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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10607 Crenshaw Boulevard