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27621675
27621673

6121 Crenshaw Blvd, Los Angeles, CA 90043

BW
CA 01330706
CBRE - South Bay
Listed by CBRE - South Bay
$3,195,000
229 days on market
Updated 106 days ago

6121 Crenshaw Blvd

Details
APN 4006-004-015
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,552
Units 17
Cap Rate 7.00%
NOI $223,185
Occupancy 100%
Pro-Forma Cap Rate 9.26%
Pro-Forma NOI $295,862
Price per SqFt $423
Year Built 1964
Lot Size (SqFt) 10,800
Zoning LAC2

Multifamily | 17 Units | $187,941/unit

Marketing description

6121 Crenshaw Blvd: a 17-unit in the gentrifying Crenshaw Corridor. A hotbed of new private and municipal investment; for example, there are newer-construction apartments next door and across the street - and the Crenshaw Corridor Specific Plan includes the Metro K Line. This building has secured pedestrian and car access, newer dual-pane windows and has been seismically-retrofitted

Listing Contacts

BW
CA 01330706
CBRE - South Bay
Listed by CBRE - South Bay

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$223,185.00
$18,598.75/mo

Valuation Metrics

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DSCR
6.99%
Cap Rate
6.99%
ROI

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