7324 Crenshaw, Los Angeles, CA 90043
- $1,500,000
- Sold Price
- $1,500,000
- List Price
- $1,895,000
- Closing Date
- Aug 06, 2026
- Status
- CLOSED
- MLS#
- SB26064738
- Year Built
- 1961
- Lot Size
- 7,151
- Acres
- 0.16
- Lot Location
- 36-40 Units/Acre
- Days on Market
- 34
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
The subject property is a two-story walkup apartment complex consisting of a 10 unit building with an additional non-permitted unit on one parcel. The building was constructed in 1961 and has 7 (1+1), 3 (2+1) units and a non permitted studio apartment. There is a laundry room onsite, and parking for 10 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 3321-3325 West 74th Street is a 20 unit apartment building and is being offered for sale by the same ownership as a portfolio. The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot. There are major employers just 30 minutes away in Downtown LA. The area is densely populated which results in a strong rental market.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 11
- Gross Scheduled Income
- $209,761
- Operating Expense
- 69222
Listing courtesy of Listing Agent: Stephen Lampe (slampe@remaxcir.com) from Listing Office: Re/Max Commercial & Investment.
Listing sold by Stephen Lampe from Re/Max Commercial & Investment
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.