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Engel & Völkers Palm Desert

palmspringsdesertrealestate@gmail.com +1(909) 327-2223

$ 1,690,000

Est. payment -/mo

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Price Dropped by $100K

1721 Crenshaw BLVD Los Angeles, CA 90019

13 Beds

8 Baths

2,863 SqFt

UPDATED:

11/24/2024 06:55 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,863 sqft

Price per Sqft $590

MLS Listing ID 24454323

Bedrooms 13

Full Baths 3

Three Quarter Bath 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 7,483 Sqft

Property Description

Price Reduction of $100,000! This fully remodeled 13-bedroom, 8-bathroom single-family residence is listed in public records as 'Rooming House' (County Land Use) and 'Transient Lodging' (Universal Land Use). It presents a prime opportunity for owner-users, non-profit organizations, investors, or developers seeking a profitable income stream and/or development potential. Currently, three properties (1717, 1721, and 1709 Crenshaw Blvd.) are on the market, offering the potential for larger apartment or condo developments. The property is equipped with a solar system, kitchen appliances, wood laminate floors, and more. A previous MLS listing (MLS#20-641425) proposed a 45-unit + 20-unit development on the 22,416 sq. ft. lot. Buyers are strongly advised to independently verify all aspects of the property and the accuracy of the information through inspection and consultation with appropriate professionals. Neither the Seller nor the Brokers guarantee the MLS information. Additionally, the property offers ample parking spaces with approximately 10+ spots available in the front and back yards. It is not located in an HPOZ and is conveniently situated near Downtown Los Angeles, Koreatown, USC campus, with easy access to the 10 and 110 freeways.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Cooling Electric, Wall/Window Unit(s)

Flooring Tile

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Gas Oven

Laundry See Remarks

Exterior

Parking Features Door-Multi, Driveway, Garage, Paved, Deck, Private, RV Potential

Pool None

View Y/N No

View None

Roof Type Shingle

Porch Deck

Attached Garage No

Total Parking Spaces 10

Private Pool No

Building

Lot Description Back Yard, Front Yard, Rectangular Lot

Story 2

Entry Level Two

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5071001034

Security Features Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Listed by Julie Lee • I & J Properties, Inc.

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

Engel & Völkers Palm Desert

1721 Crenshaw BLVD Los Angeles, CA 90019

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1721 Crenshaw BLVD