2241 Crenshaw Boulevard, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:ERA Donahoe Realty
2241 Crenshaw Boulevard,Los Angeles, CA 90016
$2,150,000
  • 9 Beds
  • 8 Baths
  • 4,720 sq. ft.
  • Multi-family
  • Active
Listed by: joshua yeager
Office: equity union
MLS#:26873363
Source:CRMLS

Price summary

  • Price:$2,150,000
  • Price per sq. ft.:$455.51

About this home

Equity Union Commercial is pleased to present 2241 Crenshaw Blvd, an 8-unit multifamily investment opportunity in the heart of Los Angeles' Mid-City/West Adams submarket. Built in 1927, the property features a well-balanced unit mix of 2 studios, 5 one-bedrooms, and 1 two-bedroom unit, with 7 of the 8 units currently vacant giving a new owner the ability to bring units online at market rents from day one rather than working through existing tenancies. This property qualifies for up to 8 detached, fully non-rent-controlled ADUs under SB 1211, with roughly 6,000 SF of open backyard space (approximately 60' x 100') available for development. The site also carries meaningful development upside: it is zoned LAR3 with a TOC Tier 3 designation, supporting up to a 70% density bonus and the potential to build up to 31 units by-right. Combined, these entitlements offer a rare opportunity to double the unit count on one of the last remaining large-lot opportunities along this corridor. The...

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Home facts

  • Year built:1927
  • Listing ID #:26873363
  • Added:3 day(s) ago
  • Updated:August 21, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Living area:4,720 sq. ft.

Structure and exterior

  • Year built:1927
  • Building area:4,720 sq. ft.
  • Lot area:0.33 Acres
  • Lot Features:Back Yard, Front Yard, Value In Land, Yard
  • Levels:2 Story

Finances and disclosures

  • Price:$2,150,000
  • Price per sq. ft.:$455.51

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:16
  • Parking description:Direct Access, Driveway, Garage, Gated, Oversized, Private, Shared Driveway, Side By Side, Uncovered
  • Garage:Yes
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