We are pleased to present 10625 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 5.71% CAP Rate & 11.3 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. 10625 Crenshaw Blvd can also be sold together with 10607 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.
Pending
Listing Provided by:
Larson Harley DRE #02045736 949-933-1112,
Lyon Stahl Investment Real Estate, Inc.
$1,250,000
10625 Crenshaw Blvd, Inglewood, CA 90303
6beds
5baths
3,316sqft
Est.:
Mixed Use
Built in 1955
-- sqft lot
$1,216,300 Zestimate®
$377/sqft
$-- HOA
What's special
Curb appealMature treesUpdated electrical panelsFaa sound insulation programWell-manicured lawnRelaxing outdoor area
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