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Map
$1,057,150*
●
Multifamily -
Off Market
226 Crandall St
Los Angeles, CA 90057
3 Beds
0 Bath
$900,000 - $1,098,000
Reference Base Price*
5.72%
Since Mar 1, 2023
CA-Los Angeles
Primary Model
About This Property
Have you been seeking a versatile commercial property with an ideal
location in Central Los Angeles and multiple exit strategies? Look
no further! Conveniently situated in the highly sought-after area
of Koreatown only minutes from desirable amenities, this vacant,
two-unit duplex is the ideal property for an owner/landlord or an
investor seeking a tear-down opportunity for new construction.
Explore the duplex to find one, 1BR/1BA unit build in 1946 and one,
2BR/1BA unit build in 1983. Surrounded by neat landscaping, the
structure features a stucco exterior, Spanish architectural
elements, and multiple outdoor spaces for entertaining and BBQs.
Offering the opportunity for customization, both well-loved and
semi-incomplete interiors include an openly flowing floorplan, tons
of shimmering natural light, various attractive flooring (tile/faux
wood/etc.), a large living room, and a spacious eat-in kitchen with
gas cooking, ample cabinetry, and plenty of countertop space. The
front unit boasts one extra-large bedroom and a full bathroom,
while the back-unit impresses with two well-sized bedrooms and a
full bathroom. Investors who are seeking an excellent location for
a new structure, this location allows for up to 12 residential
units. Create luxe new rentals and bask in the fabulous population
of approximately 130,000 with a terrific annual income of $78,056
(average HH income)! Being immersed in the West Lake area, you also
gain the advantage of over 95% of Westlake's residents renting,
instead of owning their homes. Catering to multiple generations of
exciting potential tenants, this location is only minutes from an
array of grocery stores, trendy restaurants, entertainment venues,
fun bars/pubs, Dodger Stadium, Metro Purple Line (extension planned
by 2024), and Walt Disney Concert Hall. Whether you are seeking to
settle in or build up, this unusual property delivers much-needed
flexibility. Get all the advantages of this incredibly rare
investment opportunity and call now for your private tour!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1946
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 1, 2023 | No longer available | - | |
No longer available | |||
Jan 5, 2023 | Price Decreased |
$999,999
↓ $1
(0%)
|
|
Price Decreased | |||
Nov 15, 2022 | Price Decreased |
$1,000,000
↓ $25K
(2.4%)
|
|
Price Decreased | |||
Oct 26, 2022 | Price Decreased |
$1,025,000
↓ $25K
(2.4%)
|
|
Price Decreased | |||
Sep 19, 2022 | Listed | $1,050,000 | |
Listed |
Property Highlights
Air Conditioning
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
4
Beds
2
Baths
2,132 ft²
$399/ft²
$850,000
Sep 19, 2023
-
-
Active
Multifamily
1
Bed
1
Bath
1,394 ft²
$825/ft²
$1,150,000
May 16, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/19/2022
|
|
3 Bed
|
-
|
-
|
$1,050,000
3 Bed
-
|
-
-
|
-
|
Jacob Kesherim
Keller Williams Beverly Hills
|
Building Info
226 Crandall Street
226 Crandall Street, Los Angeles, CA 90057
- 1 Unit for Sale