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House with terrace Los Angeles (United States)by annonceur international
Luxury house for sale in Los Angeles (United States) - White house with columns and palm trees
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House with terraceLos Angeles (United States)
Price :
$1,800,000
($4,105 / m²)
Surface439 m²bedrooms9 bathrooms3 land0.1 ha

Why this property will seduce you

  • Strategic Location: Near Metro E line and I-10 freeway.
  • Development Potential: LAR3 zoning, TOC Tier 3 designation.
  • ADU Capacity: Potential for 8 independent, non-rent-controlled ADUs.
2241 Crenshaw Blvd, is an 8-unit multifamily investment opportunity in the heart of Los Angeles' Mid-City/West Adams submarket. Built in 1927, the property features a well-balanced unit mix of 2 studios, 5 one-bedrooms, and 1 two-bedroom unit, with 7 of the 8 units currently vacant giving a new owner the ability to bring units online at market rents from day one rather than working through existing tenancies. Seller Open To Seller Carry Financing. This property qualifies for up to 8 detached, fully non-rent-controlled ADUs under SB 1211, with roughly 6,000 SF of open backyard space (approximately 60' x 100') available for development. The site also carries meaningful development upside: it is zoned LAR3 with a TOC Tier 3 designation, supporting up to a 70% density bonus and the potential to build up to 31 units by-right. Combined, these entitlements offer a rare opportunity to double the unit count on one of the last remaining large-lot opportunities along this corridor. The property sits along the Crenshaw corridor at the border of Mid-City and West Adams. The location offers convenient access to the Metro E (Expo) Line, the I-10 Freeway, and everyday retail and dining along Crenshaw & Washington, including Starbucks, Planet Fitness, CVS, Ross, and Five Guys all within close proximity to Johnnie L. Cochran Jr. Middle School.
Advertiser reference : 119638071Le Figaro Properties reference : 108050883

Its assets

  • Garage & Parking

Other assets detected by AI

In detail

* : Information not provided by the advertiser

House with terrace Los Angeles (United States)

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Luxury house for sale in Los Angeles (United States) - White house with columns and palm trees
White house with Greek columns in this luxury house for sale in Los Angeles ($1,800,000 - 439 m²)
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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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Do you have a property to sell?

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The data entered into this form is required to allow our partner to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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