310 S Crescent Heights_Property for Sale
310 S Crescent Heights_Property for Sale
310 South Crescent Heights Boulevard, Los Angeles, CA, 90048, US

310 S Crescent Heights

Asset description

JLL, as exclusive advisor, is pleased to present for sale 310 S Crescent Heights (the “Property” or “Crescent Heights”); a centrally located multifamily investment opportunity situated in the renowned Mid-Wilshire submarket of Los Angeles. Crescent Heights is a 4-unit, 2-story property comprised of 1- and 2-bedroom apartments with an average unit size of ±938 square feet.


Perfectly positioned at the crossroads of Beverly Hills, West Hollywood, and the Grove, this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city’s vibrant hubs. Notably, Mid-Wilshire has emerged as one of the most coveted neighborhoods in Los Angeles, with its unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of The Little Door, Angelini Osteria, and Bacari, to the iconic presence of the Original Farmers Market and the internationally acclaimed Los Angeles County Museum of Art, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.

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Attributes

Units
4

Media

Investment highlights

  • 4-unit apartment, built in 1936 on the beautiful tree-lined street of Crescent Heights Boulevard
  • Centrally located between the neighborhoods over Beverly Grove and Fairfax
  • One of the only properties that features a spacious private rooftop
  • Unit Mix: (2) 1 Bed/1 Bath, (1) 1 Bed/1 Bath w/ Roof Deck & (1) 2 Bed/2 Bath w/ Roof Deck units
  • Three (3) units deliverable vacant | Immediate upside potential
  • Hardwood floors, original bath tiles, crown moldings, and stucco
  • Potential ADU opportunity: three detached garages allows flexibility with what you can build
  • Private parking available as well as street parking
  • Low operating expenses | Tenants pays for gas and electric
  • Perfect for a private client, value-add investor or owner-user
  • 3,575 rentable SF on a 7,394 SF lot


310 S Crescent Heights 4_Property for Sale

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Last updated
Oct 11, 2024