701 Crenshaw Los Angeles, CA 90005
Listing Courtesy of: MLS LogoSan Diego, CA MLS / Listed By: Nohco Real Estate

  701 Crenshaw Los Angeles, CA 90005

Active
$1,850,000 (USD)

Description

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 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!

MLS #:
OC26180470
Lot Size
7,501 SQFT
Type
Multifamily
County
Los Angeles County

Listed By

Brian Noh, Nohco Real Estate
Source
San Diego, CA MLS
Last checked Sep 3 2026 at 3:46 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Wall/Window
  • Central Forced Air
Exterior Features
  • Roof: Composition
Stories
  • 2 Story
Location
   
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