4 months on rocket

1632 Crenshaw Blvd, Los Angeles, CA, 90019

$1,299,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Baths
2,199 SqFt
$591/SqFt
House

Location

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1632 Crenshaw Blvd, Los Angeles$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, One Space
Year Built1914
HeatingWall Furnace
CoolingNone
MLS #24415333
Lot Size0.16 Acres
StatusActive

About 1632 Crenshaw Blvd

Great investment opportunity for a developer to build, an investor to buy and hold or as an owner-occupied unit. Prime development opportunity located in a desirable area of Los Angeles. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Zoned R3-1-O and designated as a TOC Tier 3 site, this property offers substantial incentives for increased density and reduced parking requirements. With significant buildable area and favorable height and density allowances, this site is ideal for developers looking to create a high-density, multifamily residential project.Key Features:Ample Buildable Area: The property spans 7,048 sq. ft. with a buildable square footage of 21,144 sq. ft., providing a solid foundation for a substantial development. Optimized density and parking efficiency may include up to a 70% increase in allowable density and a 50% reduction in parking requirements, enhancing project feasibility and profitability. Situated in a dynamic and accessible part of Los Angeles, Its proximity to major transportation routes and urban amenities ensures strong demand and long-term growth potential, making it a highly attractive investment opportunity. All information provided is deemed reliable but not guaranteed. Buyer and buyers agent to perform their own investigation including but not limited to lot size, zoning and planning, building restrictions. This property is tenant occupied and as such, being sold with tenants in place. Contact listing agent for more information on current rent roll.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1914
  • Stories: 0
  • Living Area: 2,199 SqFt

Listing Office:

  • Office Name: RE/MAX ESTATE PROPERTIES
  • Office Phone: (310) 577-5300
  • Listing Agent: Shamim Khorsand Mashhadi

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, One Space

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 10 Freeway East to Crenshaw, turn Left, destination on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $591/SqFt

Tax Information:

  • Annual Amount: $10,871
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1632 Crenshaw Blvd vs Los Angeles

122 DAYS ON ROCKET

+84 Days

$1,299,000

+$275.5K More

$591/SqFt

-$50 Less

KEY TAKEAWAY

This property is $275.5K more than the Median Sold Price and $50/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24415333

Listing Office:

  • Office Name: RE/MAX ESTATE PROPERTIES
  • Office Phone: (310) 577-5300
  • Listing Agent: Shamim Khorsand Mashhadi

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 13, 2019Home Sold
$875,000
Jul 16, 2015Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,871$884,064
2020$5,775$875,000
2019$5,637$451,013
2018$5,521$442,170
2017$5,521$433,500

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-310254
4
/10

  • City Language Immersion Charter

  • 4001 Venice Blvd

  • 0.21 miles

  • Public Charter Grades KG-5

school-card-donut-310255
7
/10

  • Global Education Academy 2

  • 1717 7th Ave

  • 0.23 miles

  • Public Charter Grades KG-5

school-card-donut-310256
4
/10

  • Arlington Heights Elementary School

  • 1717 7th Ave

  • 0.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1632 Crenshaw Blvd

What is the listing price of this property?

The listing price of 1632 Crenshaw Blvd property is $1,299,000.

What type of property is this?

The property 1632 Crenshaw Blvd is a house located in Los Angeles, California, 90019.

Is this property for sale now?

Active Listing: 1632 Crenshaw Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,871 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 13, 2019 for $875,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1632 Crenshaw Blvd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1632 Crenshaw Blvd is 2,199 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1632 Crenshaw Blvd is 1914.

Rocket Homes›California›Los Angeles County›Los Angeles›90019›1632 Crenshaw Blvd

This home is located at 1632 Crenshaw Blvd in Los Angeles, CA and zip code 90019 in the Central LA neighborhood. This 2,199 square foot home, which was built in 1914, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $1,299,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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