1857 Crenshaw Boulevard, Los Angeles, CA 90019
Local realty services provided by:ERA Excel Realty
1857 Crenshaw Boulevard,Los Angeles, CA 90019
$4,000,000
- 21 Beds
- 19 Baths
- 7,158 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.
MLS#:26662613
Source:CRMLS
Price summary
- Price:$4,000,000
- Price per sq. ft.:$558.82
About this home
1857 Crenshaw Boulevard, a newly constructed 6-unit luxury multifamily property located in the desirable Mid-City / Arlington Heights neighborhood of Los Angeles. Built in 2025, this fully leased & high cash-flow investment features extremely low operating expenses, modern construction, and exemption from local rent increase restrictions (Non-RSO). The 100% leased property presents an attractive opportunity for 1031 exchange buyers seeking stable income and ease of management at a real 5.40% cap rate Day 1. The gated property is thoughtfully designed across three separate structures. The front building consists of a two-story single-family home style residence featuring a spacious four-bedroom, two-bathroom layout. The middle structure is a three-story duplex comprised of (1) four-bedroom, four-bathroom unit and (1) three-bedroom, three-bathroom unit. The rear structure includes (2) four-bedroom, three-bathroom units along with a two-bedroom, three-bathroom attached ADU. This diverse mix of large, modern floor plans is designed to attract high-quality tenants seeking space, privacy, and contemporary amenities. Each unit features central heating and air conditioning, in-unit washer and dryer, and modern open layouts with abundant natural light. Select units include private balconies that enhance indoor-outdoor living. The property is separately metered for gas, electricity, and water, with the rear structure sharing a water meter that is billed back to tenants. Solar panels reduce monthly tenant utility expenses promoting further tenant retention. The property also features parking for 11 vehicles. The property is currently fully leased to market-rate tenants and benefits from extremely low operating expenses due to its modern construction and efficient building systems. Located along Crenshaw Boulevard with convenient access to the 10 Freeway, the property sits minutes from Downtown Los Angeles, Koreatown, Culver City, and Hollywood. Residents enjoy easy access to nearby dining, retail, and entertainment options while benefiting from proximity to several major employment centers across Los Angeles....
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Home facts
- Year built:2025
- Listing ID #:26662613
- Added:5 day(s) ago
- Updated:March 13, 2026 at 04:12 AM
Rooms and interior
- Bedrooms:21
- Total bathrooms:19
- Kitchen Description:Dishwasher
- Living area:7,158 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:2025
- Building area:7,158 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Contemporary
- Levels:Multi Split
Finances and disclosures
- Price:$4,000,000
- Price per sq. ft.:$558.82
Features and amenities
- Appliances:Dishwasher
Parking
- Total parking spaces:11
- Parking description:Attached Carport, Gated, Private
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