NOT LISTED FOR SALE

5909 Crenshaw Blvd Los Angeles, CA 90043

Hyde Park Neighborhood
4 Beds
2 Baths
1,336 Sq Ft
7,200 Sq Ft Lot

Last Sold July 24, 2018

Last sale price $750,000 $561 Per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2018

Very unique opportunity to purchase two unit building with additional income from double sided billboard. Located in the heart of Los Angeles.
This property is zoned for residential and commercial usage. Each unit has 2 beds and 1 bath. Each Unit has 668 square feet, both units combined have a total of 1,336 square feet. Ample parking is available with a long driveway and has four newer garages at the back of the property. The property is directly across the street from the pending New Crenshaw/LAX Line providing an additional transportation alternative.
Close to the New Stadium, historical Hyde Park neighborhood, shopping, entertainment and major transportation routes.
Tremendous opportunity to purchase income producing property with potential for expansion.

Last Agent to Sell the Property

Gregor Goldberg

Coldwell Banker Realty License #01992979 Listed on: 06/07/2018

Coldwell Banker Realty

Last Buyer's Agent

Hector Moreno

Hector Moreno, Broker License #01199834

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,200 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,336 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 109
  • Tax Tract Number 2095
  • Assessor Parcel Number 4005002011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $872
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,249
  • Operating Expense $12,821
  • Gross Income $25,920
  • Net Operating Income $22,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 805.807.0915
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAC2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4005002011
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 561.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 872.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7200.00

Multi Family

  • Gross Income: 25920.00
  • Gross Scheduled Income: 25320.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 22920.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Other Income1: 3000.00
  • Other Income Description: Billboard
  • Rent Control: Yes
  • Total Expenses: 12821.00

Tax Info

  • New Taxes Expense: 8249.00
  • Tax Census Tract: 2347.00
  • Tax Lot: 109
  • Tax Tract Number: 2095

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2018 07/24/18 Sold $750,000 +13.7% $561 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $659,900 +88.5% $494 / Sq Ft
03/31/2014 03/31/14 Sold $350,000 0.0% $524 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $350,000 -- $524 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gregor Goldberg

    Coldwell Banker Realty

    (818) 788-5400

    31 Total Sales

    Gregor Goldberg
    Section Image
  • Hector Moreno

    Buyer's Agent in 2018

    Hector Moreno

    Hector Moreno, Broker

    (323) 864-7272

    2 Total Sales

    Hector Moreno
    Section Image

  • D

    Seller's Agent in 2014

    D. Danielle Hoston Wrighster

    D Danielle Hoston Wrighster

  • M

    Buyer's Agent in 2014

    Mary Bennett

    Bennett Hall & Assoc., Realtor

    (323) 779-9955

    6 Total Sales

    Mary Bennett
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18133554

California Regional Multiple Listing Service (CRMLS)

APN: 4005-002-011

California Los Angeles County Los Angeles 90043 Hyde Park

5909 Crenshaw Blvd, Los Angeles, CA

This home is located at 5909 Crenshaw Blvd, Los Angeles, CA 90043 since 07 June 2018. This property was built in 1931. 5909 Crenshaw Blvd is a home located in Los Angeles County with nearby schools including Fifty-Fourth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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