2241 Crenshaw Boulevard, Los Angeles, CA 90016

Local realty services provided by:ERA Excel 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:1 day(s) ago
  • Updated:August 17, 2026 at 09:29 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Kitchen Description:Washer
  • 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
Based on information from California Regional Multiple Listing Service, Inc. as of August 17, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.