2234 CRENSHAW

 

New Construction Mid-City


SEVEN UNIT TOWNHOME COMPLEX FULLY LEASED AND WARRANTIED

We are pleased to announce a NON-RENT- CONTROLLED and FULLY LEASED, Green Certified and Solar equipped new construction Seven-unit complex. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.

Offered At: $4,350,000

Cap Rate: 5.52%

GRM: 13.4

Bldg. Size: 10,110 SF

Unit Mix: (2X 3B/2.5B) (2X 3B/2B) (1X 3B/3B) (1X 4B/3B) (1X 2B/2B)

Features: Hot Mid-City location
Non-Rent Controlled and Fully Leased!
Exceptional current rents

Lowest price per door & per sqft
Separately metered utilities and SOLAR equipped!
Three 2-car garages and two uncovered tandem parking
Amazing 1031 exchange option


  • Submit your offers now!

    • FULLY LEASED!

    • NO RENT CONTROL

    • Below market price tag for a new construction!

    • Low maintenance, fully warrantied and stabilized property.

    • All units separately metered for gas, electric AND water! SOLAR equipped!

    • Luxury, modern units with open floor plans & bright, low maintenance.

    • Three 2-car garages and two uncovered tandem parking.

    • Tons of balconies and patio areas.

    • 3 and 4 bedroom units, Highly rentable.

    • Conveniently located in a high growth area of Mid-City.

    • Washer/dryers in each unit.