701 Crenshaw, Los Angeles, California image 1
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701 Crenshaw

Los Angeles, CA 90005
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$1,850,000 $7,799/Mo
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Bed 4

Bed

Bath 4

Bath

SqFt7,501

Sqft(Lot)

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 400amp electrical meters & panels. 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. ACTUAL 9.4 GRM / 7.5% CAP RATE!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,850,000

AD Id : 90960731

MLS Id : OC26180470

Beds : 4

Lot Size : 7,501 Sqft

Year Built : 1939

County : Los Angeles

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Feature Features

  • Interior Features

    CeilingFans, CrownMolding
    Roof: Composition, Shingle
    Appliances: Disposal, GasRange, RangeHood, WaterHeater, Dryer
    Laundry Features: WasherHookup, GasDryerHookup, InGarage, LaundryRoom

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: CentralAir, WallWindowUnits

  • Building Information

    Year Built: 1939
    Building Area Total: 6789
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7501 Lot Size Acres: 0.1722 Lot Size Source: Assessor Lot Size Square Feet: 7,501 Lot Description: TwoToFiveUnitsAcre,BackYard,FrontYard,Landscaped

  • Listing Price Information

    Listing Price: $1850000
    Cash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 5090032007 Tax Lot: 7 Tax Block: 20

  • Utility Information

    CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable

  • Location Information

    Direction: Near corner of Wilshire Blvd & Crenshaw Blvd. WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2765 W 8th, Los Angeles, CA, 90005 $1,450,000 12 8 -- 6,271 Sqft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/03/2026 @ 07:38

MLS: OC26180470 LISTED BY: Brian Noh, Nohco Real Estate 213-804-7647 SOURCE: CRMLS

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