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

701 Crenshaw

Los Angeles, CA 90005
7,501 Lot Sq Ft
Built 1939
$1,850,000

Property Overview

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 owner’s 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 400amp electrical meters & panels. 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. ACTUAL 9.4 GRM / 7.5% CAP RATE!

Home Details

Property type
Residential Income - Apartment
Year built
1939
Lot size
7,501 sq ft
Parking
8 spaces
Carport
6 spaces
Stories
2
Days on market
0
Cumulative days on market
60
MLS status
Active

Features & Amenities

Interior

  • Ceiling Fans
  • Crown Molding

Appliances

  • Disposal
  • Gas Range
  • Range Hood
  • Water Heater
  • Dryer

Parking

  • Concrete
  • Carport
  • Driveway

Pool

  • None

Lot

  • Two To Five Units Acre
  • Back Yard
  • Front Yard
  • Landscaped

Security

  • Carbon Monoxide Detectors
  • Smoke Detectors

Community, Schools & Utilities

Community

Fireplace
Yes
View
None

Utilities

Heating
WallFurnace
Cooling
CentralAir,WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

701 Crenshaw

Los Angeles, CA 90005

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Frequently Asked Questions About 701 Crenshaw

Property type: Residential Income

The current asking price is $1,850,000. 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 701 Crenshaw. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1939. 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: Brian Noh
Phone: 2138047647
MLS ID: OCNOHBRIA

Available property

$1,850,000

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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.