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 property sits along the Crenshaw corridor at the border of Mid-City and West Adams. The location offers convenient access to the Metro E (Expo) Line, the I-10 Freeway, and everyday retail and dining along Crenshaw & Washington, including Starbucks, Planet Fitness, CVS, Ross, and Five Guys all within close proximity to Johnnie L. Cochran Jr. Middle School....
Contact an agent
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
New listings near 2241 Crenshaw Boulevard
- New
$3,495,000Active5 beds 6 baths3,818 sq. ft.5034 Varna Avenue, Los Angeles, CA 91423
MLS# 26868189Listed by: COLDWELL BANKER REALTY - New
$15,500,000Active7 beds 5 baths8,150 sq. ft.2644 Eden Place, Los Angeles, CA 90210
MLS# 26871077Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New
$1,399,000Active5 beds 4 baths1,921 sq. ft.5262 N Willowcrest Avenue, Los Angeles, CA 91601
MLS# 26871603Listed by: KELLER WILLIAMS REALTY LOS FELIZ - New
$3,899,000Active2 beds 3 baths2,813 sq. ft.1364 Angelo Drive, Los Angeles, CA 90210
MLS# 26872623Listed by: CAROLWOOD ESTATES - New
$740,000Active5 beds 3 baths2,121 sq. ft.10585 Amboy Avenue, Los Angeles, CA 91331
MLS# 26872867Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - New
$725,000Active1 beds 1 baths1,032 sq. ft.289 S Barrington Avenue #A309, Los Angeles, CA 90049
MLS# 26873123Listed by: RC CAPITAL - New
$895,000Active3 beds 2 baths1,570 sq. ft.6545 Shoup Avenue, Los Angeles, CA 91307
MLS# 26873169Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New
$1,995,000Active3 beds 3 baths2,470 sq. ft.3346 N Knoll Drive, Los Angeles, CA 90068
MLS# 26873209Listed by: CAROLWOOD ESTATES - New
$3,650,000Active5 beds 6 baths5,518 sq. ft.11159 La Maida Street, Los Angeles, CA 91601
MLS# 26873221Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$499,000Active0.17 Acres2026 N Alvarado Street, Los Angeles, CA 90039
MLS# 26873297Listed by: EXP REALTY OF GREATER LOS ANGELES