727 Crenshaw Blvd, Los Angeles, CA 90005
727 Crenshaw Blvd, Los Angeles, CA 90005
727 Crenshaw Blvd, Los Angeles, CA 90005
43
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$2,050,000
Est. payment /mo
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7 Beds
6 Baths
4,138 SqFt
Active

727 Crenshaw Blvd Los Angeles, CA 90005

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,138 sqft

Price per Sqft $495

MLS Listing ID 26666323

Style Contemporary

Bedrooms 7

Year Built 1924

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Fantastic opportunity to acquire a FULLY VACANT 4-unit rental property in Wilshire Park, primed for immediate income generation and value-add potential. With many system upgrades and updated units, this property will be delivered 100% vacant, allowing for investors to lease at current market rents from day one - maximizing cash flow without tenant restrictions. Also presents a unique option to live in the main house, and receive passive income to help pay down your mortgage! The front building features a spacious 5-bedroom + den residence, ideal for a high-income rental, owner-user, co-living model, or live/work use. Its flexible layout includes a large kitchen, formal dining room, expansive living areas, laundry room, and dual staircases offering multiple income strategies.In the rear, two updated 1-bedroom units plus a studio provide additional revenue streams with strong market rent potential. The property also includes private garages (potential ADU conversion, buyer to verify) and ample gated parking further enhancing income possibilities. Situated on a gated lot with mature landscaping and multiple outdoor areas, the property offers added tenant appeal and long-term development upside. A turnkey opportunity for investors seeking a centrally located asset with immediate leasing potential, strong rental fundamentals, and multiple paths to increase value.Strategically located in the heart of Los Angeles, just minutes from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, the property benefits from consistently strong rental demand and proximity to major employment, dining, and lifestyle hubs.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Ceiling Fan, Built-Ins, Hood Fan, Microwave, Dryer, Dishwasher, Gas Dryer Hookup

Laundry In Kitchen

Exterior

Parking Features Uncovered, Garage - 1 Car

Garage Spaces 10.0

Pool None

View Y/N No

View None

Roof Type Asphalt

Building

Story 2

Foundation Raised

Architectural Style Contemporary

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by KW Westside Estates

NEARBY SCHOOL & BUSINESS

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727 Crenshaw Blvd