701 Crenshaw, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
701 Crenshaw,Los Angeles, CA 90005
$1,900,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brian noh
Office: nohco real estate
MLS#:OC26099417
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,900,000
About this home
ACTUAL 9.4 GRM / 7.0% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owners unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated electrical in progress. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming World Cup and Olympics!...
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Home facts
- Listing ID #:OC26099417
- Added:52 day(s) ago
- Updated:June 29, 2026 at 02:30 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Structure and exterior
- Roof:Composition
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$1,900,000
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