1183 Crenshaw Boulevard, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1183 Crenshaw Boulevard

Los Angeles, CA 90019
6,554 Lot Sq Ft
Built 2015
$2,526,000
Price ReducedWas $2,790,000 — $2,526,000 (-$264,000)

Property Overview

Eight units, built in 2015, exempt from state rent control, with two vacancies ready to lease at market rents. This three-story contemporary building offers approx. 7,762 sq ft on a 6,554 sq ft LAR3 lot, with a mix of 1-, 2- and 3-bedroom units. Every unit has an open floor plan, central air and heat, in-unit washer and dryer, and stainless appliances including dishwasher and gas cooktop, with gated garage parking for 12 cars and fire sprinklers throughout. Those are the features renters search for, and they keep units leased. Current NOI is $171,938, with upside from filling the vacant units and bringing below-market rents up to pro forma. The location draws tenants on its own: quick freeway access and minutes to Koreatown, Downtown, Hancock Park, Century City and the Olympic Blvd tech corridor. Contact the listing agent for the full rent roll and financials, and schedule your tour today.

Home Details

Property type
Residential Income - Mixed Use
Year built
2015
Lot size
6,554 sq ft
Parking
16 spaces
Garage
16 spaces
Stories
2
Days on market
0
MLS status
Active
Zoning
LAR3

Features & Amenities

Pool

  • None

Lot

  • Sprinklers In Rear
  • Sprinklers In Front

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
Electric
Volts220InLaundry
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1183 Crenshaw Boulevard

Los Angeles, CA 90019

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Frequently Asked Questions About 1183 Crenshaw Boulevard

Property type: Residential Income

The current asking price is $2,526,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1183 Crenshaw Boulevard. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2015. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Chad Pape
MLS ID: NP42393

Available property

$2,526,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.