Home For Sale In Los Angeles, California

house for sale

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Listed: 03/11/24

2374 Crenshaw Boulevard, Los Angeles, CA 90016, USA

20 Bed:

20 Bath:

13,390 Sq Ft Living Area:

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Price

$ 4,6M

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About This House

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 early2024 - 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 at1554 S.Gramercy Pl.

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Houses for sale in Los Angeles

Original listing

Los Angeles Housing & Living

Average sale prices for houses

1 bed

2 bed

3 bed

4+ bed

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Month	Median Price
May 2024	$1,590,389 (+13.1%)
Apr 2024	$1,406,480 (0%)
Mar 2024	$1,406,480 (0%)
Feb 2024	$1,406,480 (0%)
Jan 2024	$1,406,480 (+0.2%)
Dec 2023	$1,403,284 (0%)

In May 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $1,590,389, an increase of 13.1% from the previous month.

Median price trends for properties for sale in Los Angeles, United States as of May 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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