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1506 Crenshaw blvd 2,427 SF Office Building Los Angeles, CA 90019 $2,044,457 CAD ($842.38 CAD/SF)



Investment Highlights
- ADA compliant first floor with new wheelchair lift system and motorized entry door
- New HVAC system with separate units serving each floor
- Built-in sound system in the sitting area
- Designated handicap parking space
- Fully updated electrical system with new 200-amp panel
- Flexible attic space with multiple potential uses
Executive Summary
Extensively renovated property located in the desirable Arlington Heights neighborhood of Los Angeles. This meticulously maintained Craftsman-style SFH has been converted for office use and thoughtfully improved to meet full ADA compliance and public-use standards. Major upgrades include a fully modernized electrical system with a new 200-amp panel, all-new interior plumbing with copper hot and cold water lines, and a new HVAC system with separate units serving each floor.
Additional improvements include a new roof, remodeled bathrooms, an additional half bathroom, new staircase railing, new interior doors, energy-efficient double-pane windows, a motorized entry door, a new wheelchair lift system, and a handicap parking space. The property has been freshly painted inside and out, all while carefully preserving its classic Craftsman character and charm.
The flexible attic space offers a variety of potential uses. A detached garage in the back provides an excellent opportunity for additional office or creative workspace.
Ideally situated in a central, walkable neighborhood close to shops, dining, and public transportation. Zoned R3 and previously used as an office, currently, a conditional use permit for community center and office use is in place and may be transferred for the same use; alternative business uses would require obtaining the appropriate variance and building permits. Buyer to independently verify.
Additional improvements include a new roof, remodeled bathrooms, an additional half bathroom, new staircase railing, new interior doors, energy-efficient double-pane windows, a motorized entry door, a new wheelchair lift system, and a handicap parking space. The property has been freshly painted inside and out, all while carefully preserving its classic Craftsman character and charm.
The flexible attic space offers a variety of potential uses. A detached garage in the back provides an excellent opportunity for additional office or creative workspace.
Ideally situated in a central, walkable neighborhood close to shops, dining, and public transportation. Zoned R3 and previously used as an office, currently, a conditional use permit for community center and office use is in place and may be transferred for the same use; alternative business uses would require obtaining the appropriate variance and building permits. Buyer to independently verify.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,427 SF
Building Class
C
Year Built/Renovated
1912/2022
Price
$2,044,457 CAD
Price Per SF
$842.38 CAD
Building Height
2 Stories
Typical Floor Size
1,214 SF
Building FAR
0.33
Lot Size
0.17 AC
Zoning
R3, TOC Tier 3 zone. - Multiple Dwelling
Parking
6 Spaces (2.47 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Wheelchair Accessible
- Storage Space
- Air Conditioning
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 5072-004-019 | Improvements Assessment | $466,836 CAD |
| Land Assessment | $1,322,706 CAD | Total Assessment | $1,789,542 CAD |
Property Taxes
Parcel Number
5072-004-019
Land Assessment
$1,322,706 CAD
Improvements Assessment
$466,836 CAD
Total Assessment
$1,789,542 CAD
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1506 Crenshaw blvd
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