851 Crenshaw Blvd - Multi-Family FOR SALE


Los Angeles, CA 90005- Miracle Mile
$1,890,000 USD
661-964-0600
851 Crenshaw Blvd, Los Angeles, CA for Sale
$1,890,000 USD
Multi-Family - FOR SALE
1/5
null | Request Cap Rate

851 Crenshaw Blvd
Los Angeles, CA 90005
Miracle Mile


OVERVIEW

Recently reduced! Great value for this home. Situated in prime West Koreatown, Los Angeles, this impeccably maintained 3-unit income property presents a rare opportunity for owner-users, investors, or developers. The property includes previously completed architectural drawings for a potential 7-unit redevelopment, highlighting its strong upside potential. It features a spacious 3-bedroom, 2-bath main unit with a bonus den that lives like a single-family home—complete with a cozy fireplace, formal dining room with built-ins, a large kitchen with a service porch, and direct access to ample parking. The additional 2-bedroom, 2-bath and 1-bedroom, 1-bath units are equally well-kept, filled with natural light, and offer solid rental income. Ideally located with convenient access to transit, shops, and dining, this is a versatile property with long-term value in one of LA’s most desirable neighborhoods. Price improvement—motivated seller!

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$480 USD /SF

# OF UNITS

3

PRICE/UNIT

$630,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

maintained 3-unit income property

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5090-033-010

ASK ABOUT THIS PROPERTY

Young HongNewStar Realty & InvestmentMore Info
661-964-0600

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Young HongNewStar Realty & InvestmentMore Info
661-964-0600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.