6 months on rocket

2340 Crenshaw Blvd, Los Angeles, CA, 90016

$4,299,000

20 Bedrooms
20 Baths
13,390 SqFt
$321/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCarport
Year Built1964
HeatingWall Furnace
CoolingNone
MLS #23323965
Lot Size0.30 Acres
StatusActive

About 2340 Crenshaw Blvd

A large, 2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1,000s of potential renters driving by daily, vacancies are often filled very quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear - open spots, as well. Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 - 4% scheduled, allowable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 13,390 SqFt

Listing Office:

  • Office Name: CBRE, Inc.
  • Office Phone: (310) 363-4900
  • Listing Agent: Brice Head

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 20

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Los Angeles Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Arlington Heights Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: La Cienega Blvd to Obama Blvd, turn right then to Crenshaw Blvd and turn left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,299,000
  • Price Per SqFt: $321/SqFt

Tax Information:

  • Annual Amount: $45,570
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2340 Crenshaw Blvd vs Los Angeles

197 DAYS ON ROCKET

+163 Days

$4,299,000

+$3.3M More

$321/SqFt

-$311 Less

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $311/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: #23323965

Listing Office:

  • Office Name: CBRE, Inc.
  • Office Phone: (310) 363-4900
  • Listing Agent: Brice Head

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: 5/5/2024, 2:20:35 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 14, 2016Home Sold
$3,450,000

Tax History

YEARPROP. TAXASSESSMENT
2021$45,570$3,699,095
2020$44,235$3,661,166
2019$43,930$3,589,380
2018$42,956$3,519,000
2017$42,956$3,450,000

History based on county public records data.

Payment Calculator

$21.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.9K

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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.

Elementary School

school-card-donut-6291626
2
/10
  • Arlington Heights Elementary School

  • 1717 7th Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-6291627
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.43 miles

  • Public Magnet Grades KG-6

school-card-donut-6291628
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.65 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6291629
2
/10
  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 0.58 miles

  • Public District Grades 6-8

school-card-donut-6291630
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.28 miles

  • Public District Grades 6-8

High School

school-card-donut-6291631
2
/10
  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 1.36 miles

  • Public Magnet Grades 9-12

school-card-donut-6291632
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.93 miles

  • Public Magnet Grades 9-12

school-card-donut-6291633
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.46 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,148. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2340 Crenshaw Blvd

What is the listing price of this property?

The listing price of 2340 Crenshaw Blvd property is $4,299,000.

What type of property is this?

The property 2340 Crenshaw Blvd is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 2340 Crenshaw Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2340 Crenshaw Blvd are:
Arlington Heights Elementary School: GreatSchools Rating 2/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Johnnie Cochran, Jr., Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Los Angeles Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $45,570 (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 14, 2016 for $3,450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2340 Crenshaw Blvd has 20 bedrooms and 20 bathrooms.

What is the square footage of this property?

The property 2340 Crenshaw Blvd is 13,390 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2340 Crenshaw Blvd is 1964.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900162340 Crenshaw Blvd

This home is located at 2340 Crenshaw Blvd in Los Angeles, CA and zip code 90016 in the Central LA neighborhood. This 13,390 square foot home, which was built in 1964, sits on a 0.30 acre lot. Features: 20 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since October 21, 2023 and is currently priced at $4,299,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

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

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