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1071 S Crescent Heights Blvd - 1930s Duplex on Iconic Crescent Heights Blvd. 2 Unit Apartment Building Offered at $2,468,280 CAD Los Angeles, CA 90035
Investment Highlights
- Architecturally Significant Spanish Duplex located in the heart of Carthay Square
- ADU Potential in the rear (Buyer to Verify)
- Spacious 3-Bedroom units averaging over 1,700 SF per unit
- Located on a gorgeous stretch of Crescent Heights Blvd just South of Olympic
Executive Summary
Presenting an exceptional Spanish Duplex located in the heart of Carthay Square, perhaps one of the most architecturally significant areas in all of Los Angeles. 1071-73 Crescent Heights Boulevard is a 3,587 SF property, comprised of two 3-Bedroom units averaging over 1,700 SF per unit. Built in 1933, this charming duplex property exudes timeless 1930s appeal. Zoned R2-1-O-HPOZ, it is positioned within the dynamic landscape of Los Angeles, with the potential for Accessory Dwelling Units to be constructed in the rear (Buyer to Verify). This property embodies historical charm, making it an attractive proposition for the astute investor seeking a prime asset in such a finely-appointed pocket of Los Angeles. Both units feature spacious layouts, original decorative tile in the kitchens and bathrooms true to the property's 1930s roots - along with updated electrical subpanels and in-unit Washer/Dryers. The property is fully-tenanted and will be delivered as such.
Property Facts
| Price | $2,468,280 CAD | Lot Size | 0.15 AC |
| Price Per Unit | $1,234,140 CAD | Building Size | 3,587 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1933 |
| Zoning | R2-1-O-HPOZ | ||
| Price | $2,468,280 CAD |
| Price Per Unit | $1,234,140 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 3,587 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1933 |
| Zoning | R2-1-O-HPOZ |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | 1,700 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5087-013-029 | Improvements Assessment | $549,170 CAD |
| Land Assessment | $1,955,954 CAD | Total Assessment | $2,505,123 CAD |
Property Taxes
Parcel Number
5087-013-029
Land Assessment
$1,955,954 CAD
Improvements Assessment
$549,170 CAD
Total Assessment
$2,505,123 CAD
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1071 S Crescent Heights Blvd - 1930s Duplex on Iconic Crescent Heights Blvd.
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