Property Detail

2454 Crenshaw

Los Angeles CA 90016

$1,795,000

Status: Active

Property Details

Description

The following 4 unit property is ideally suited for a developer- The land is zoned to build 20-25 unit apartments ( buyer to verify with city planning ) the tenants are under rent control - The ideal buyer is one who plans to relocate existing tenants and build 20-25 new apartment units on site. This property is ideal for an all cash investor who has the knowledge and expertise to develop this 4 unit into a 20-25 unit multifamily project. Twelve to Fifteen million after value development potential or more.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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