701 Crenshaw, Los Angeles, CA 90005
Local realty services provided by:ERA Excel Realty
701 Crenshaw,Los Angeles, CA 90005
$1,850,000
- - Beds
- - Baths
- 6,789 sq. ft.
- Multi-family
- Active
Listed by: brian noh
Office: nohco real estate213-804-7647
MLS#:OC26099417
Source:CRMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$272.5
About this home
$50K PRICE REDUCTION. ACTUAL 9.1 GRM / 7.5% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable
Windsor Village/Hancock Park neighborhood in Los Angeles. This
oversized apartment offers a tremendous investment opportunity
for a first time or experienced investor in the area.
This 2-story building was built in 1939 with a total size of 6,789 SF,
and consists of large units that have been split into (4) 2/1 units
and (4) studios plus a separate (1) studio owner’s unit above the
garage. 7 out of the 9 current units have been lightly remodeled
and can be delivered vacant at close of escrow, or kept as midterm
rentals.
There are 6 rear garage + 2 onsite parking spaces, and there is an
opportunity to convert the garages into an ADU as an additional
rental unit. Recent upgrades include updated electrical in progress.
On a big 7,499 SF lot zoned LA-R3, the property is directly next to
the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile,
Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming Olympics!...
Contact an agent
Home facts
- Year built:1939
- Listing ID #:OC26099417
- Added:91 day(s) ago
- Updated:July 30, 2026 at 01:17 PM
Rooms and interior
- Flooring:Laminate, Tile, Vinyl, Wood
- Kitchen Description:Gas Range, Refrigerator
- Living area:6,789 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air, Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1939
- Building area:6,789 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Front Yard, Landscaped, Lawn
- Construction Materials:Stucco
- Foundation Description:Raised
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$272.5
Features and amenities
- Appliances:Disposal, Dryer, Gas Range, Refrigerator, Water Heater
- Laundry features:Dryer, In Garage, Laundry Room, Washer Hookup
- Amenities:Carbon Monoxide Detectors, Crown Molding, Smoke Detectors
Parking
- Total parking spaces:8
- Parking description:Carport, Driveway, Garage, Uncovered
- Garage:Yes
- Garage spaces:6
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