727 Crenshaw, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
727 Crenshaw,Los Angeles, CA 90005
$1,995,000
- 7 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: steve chung
Office: new star realty & investment
MLS#:SB26157342
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,995,000
About this home
Fantastic opportunity to acquire a FULLY Not Rented 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 proximi...
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Home facts
- Listing ID #:SB26157342
- Added:50 day(s) ago
- Updated:September 08, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,995,000
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