8400 Crenshaw Drive, Inglewood, CA 90305
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
8400 Crenshaw Drive,Inglewood, CA 90305
$3,695,000
- 21 Beds
- 15 Baths
- 11,982 sq. ft.
- Multi-family
- Active
Listed by: joshua cohen
Office: keller williams realty310-375-3511
MLS#:26103115
Source:CRMLS
Price summary
- Price:$3,695,000
- Price per sq. ft.:$308.38
About this home
We are pleased to present 8400 Crenshaw Drive, a 15-unit apartment community on an oversized 26,857 SF lot in Inglewood, minutes from SoFi Stadium, the Intuit Dome and the Hollywood Park development. The offering includes an assumable loan of approximately $1.74 million, fixed at 3.7% through November 2029 (subject to lender approval), giving a buyer more than three years of below-market debt.Current gross income is approximately $319,000 against a projected market potential of $392,000. That is roughly 23% upside for an owner who brings rents to market, with fixed-rate debt in place to support growing cash flow.The property offers 15 large units: six 2-bedrooms, eight 1-bedrooms and one studio. It has 18 garages, rare for Los Angeles multifamily, which help with tenant retention and add storage and parking income. Every unit has central air conditioning and double-pane windows, installed through the LAX-funded Residential Sound Insulation Program. The electrical system has been upgraded, with individual gas and electric meters. Many units have washer/dryer hookups, and three on-site laundry rooms add convenience and income. Security doors and window bars run throughout.Under California's SB 1211, the garages and oversized lot create potential for added ADUs, both detached and conversion units. Buyers should independently verify ADU feasibility with the City of Inglewood.The location offers quick freeway access to LAX, the South Bay, Downtown Los Angeles and the Westside, with neighborhood restaurants within walking distance. Long-standing neighbors, including the Dolores T. Richardson School, anchor a stable residential area with durable tenant demand....
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Home facts
- Year built:1953
- Listing ID #:26103115
- Added:2 day(s) ago
- Updated:October 22, 2026 at 11:17 AM
Rooms and interior
- Bedrooms:21
- Total bathrooms:15
- Living area:11,982 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1953
- Building area:11,982 sq. ft.
- Lot area:0.62 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,695,000
- Price per sq. ft.:$308.38
Parking
- Total parking spaces:18
- Parking description:Door-Multi, Door-Single, Garage
- Garage:Yes
- Garage spaces:18
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