2 months on rocket

2254 Crenshaw Blvd, Los Angeles, CA, 90016

$1,125,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
4,265 SqFt
$264/SqFt
House

Location

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2254 Crenshaw Blvd, Los Angeles$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned
Year Built1922
MLS #24431977
Lot Size0.18 Acres
StatusActive

About 2254 Crenshaw Blvd

$100,000 Price Reduction. Development/conversion project for a 7 unit building to be built within the existing envelope of the current 3 units. The project will be delivered shovel ready, (RTI) with a buyer being able start the construction on day one. The new unit mix consists of 4: 2+1, 2: 1+1 and a studio. The property is to be delivered fully vacant. Approximate 7.5 Cap and 8.5 GRM after Completion based on proforma rents.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 0
  • Living Area: 4,265 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Jon Emrani

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Other

Directions Information:

  • Directions: Corner of W 23rd St. and Crenshaw Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $12,015
  • 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

2254 Crenshaw Blvd vs Los Angeles

80 DAYS ON ROCKET

+42 Days

$1,125,000

+$101.5K More

$264/SqFt

-$377 Less

KEY TAKEAWAY

This property is $101.5K more than the Median Sold Price and $377/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: #24431977

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Jon Emrani

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, 3:20:50 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

Sep 05, 2019Home Sold
$957,500

Tax History

YEARPROP. TAXASSESSMENT
2021$12,015$967,419
2020$7,619$957,500
2019$7,453$594,193
2018$7,300$582,543
2017$7,300$571,121

History based on county public records data.

Payment Calculator

$5,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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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-287253
4
/10

  • Arlington Heights Elementary School

  • 1717 7th Ave

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-287254
7
/10

  • Global Education Academy 2

  • 1717 7th Ave

  • 0.54 miles

  • Public Charter Grades KG-5

school-card-donut-287255
5
/10

  • Alta Loma Elementary School

  • 1745 Vineyard Ave

  • 0.57 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 $51,148. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2254 Crenshaw Blvd

What is the listing price of this property?

The listing price of 2254 Crenshaw Blvd property is $1,125,000.

What type of property is this?

The property 2254 Crenshaw Blvd is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 2254 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 $12,015 (source: MLS/based on county public records data).

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

The last sale was on September 5, 2019 for $957,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2254 Crenshaw Blvd has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2254 Crenshaw Blvd is 4,265 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2254 Crenshaw Blvd is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›2254 Crenshaw Blvd

This home is located at 2254 Crenshaw Blvd in Los Angeles, CA and zip code 90016 in the Central LA neighborhood. This 4,265 square foot home, which was built in 1922, sits on a 0.18 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $1,125,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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