8400 Crenshaw DR, Inglewood, CA 90305
8400 Crenshaw DR, Inglewood, CA 90305
8400 Crenshaw DR, Inglewood, CA 90305
8400 Crenshaw DR, Inglewood, CA 90305
8400 Crenshaw DR, Inglewood, CA 90305
8400 Crenshaw DR, Inglewood, CA 90305
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+1(562) 800-0228
$ 3,695,000
Est. payment | /mo

21 Beds

15 Baths

11,982 SqFt

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$ 3,695,000
Est. payment | /mo
Save

21 Beds

15 Baths

11,982 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,982 sqft

Price per Sqft $308

MLS Listing ID 26103115

Bedrooms 21

HOA Y/N No

Year Built 1953

Lot Size 0.617 Acres

Property Description

We are pleased to present 8400 Crenshaw Drive, a 15-unit apartment community on an oversized 26,857 SF lot in Inglewood, minutes from SoFi Stadium, the Intuit Dome and the Hollywood Park development. The offering includes an assumable loan of approximately $1.74 million, fixed at 3.7% through November 2029 (subject to lender approval), giving a buyer more than three years of below-market debt.Current gross income is approximately $319,000 against a projected market potential of $392,000. That is roughly 23% upside for an owner who brings rents to market, with fixed-rate debt in place to support growing cash flow.The property offers 15 large units: six 2-bedrooms, eight 1-bedrooms and one studio. It has 18 garages, rare for Los Angeles multifamily, which help with tenant retention and add storage and parking income. Every unit has central air conditioning and double-pane windows, installed through the LAX-funded Residential Sound Insulation Program. The electrical system has been upgraded, with individual gas and electric meters. Many units have washer/dryer hookups, and three on-site laundry rooms add convenience and income. Security doors and window bars run throughout.Under California's SB 1211, the garages and oversized lot create potential for added ADUs, both detached and conversion units. Buyers should independently verify ADU feasibility with the City of Inglewood.The location offers quick freeway access to LAX, the South Bay, Downtown Los Angeles and the Westside, with neighborhood restaurants within walking distance. Long-standing neighbors, including the Dolores T. Richardson School, anchor a stable residential area with durable tenant demand.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Door-Multi, Door-Single, Garage

Garage Spaces 18.0

Garage Description 18.0

Total Parking Spaces 18

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4011023006

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joshua Cohen Keller Williams Realty #01346713

Nearby Locations

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 800-0228

sonia.amen@luxlivingestates.co

18838 Norwalk Blvd, Artesia, CA 90701, USA

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8400 Crenshaw DR