Active

1857 Crenshaw Boulevard

Los Angeles, CA 90019
Mark as Favorite
Bed 21

Bed

Bath 0

Bath

SqFt7,158

Sqft

SqFt7,659

Sqft(Lot)

1857 Crenshaw Boulevard, a newly constructed 6-unit luxury multifamily property located in the desirable Mid-City / Arlington Heights neighborhood of Los Angeles. Built in 2025, this fully leased & high cash-flow investment features extremely low operating expenses, modern construction, and exemption from local rent increase restrictions (Non-RSO). The 100% leased property presents an attractive opportunity for 1031 exchange buyers seeking stable income and ease of management at a real 5.57% cap rate Day 1. The gated property is thoughtfully designed across three separate structures. The front building consists of a two-story single-family home style residence featuring a spacious four-bedroom, two-bathroom layout. The middle structure is a three-story duplex comprised of (1) four-bedroom, four-bathroom unit and (1) three-bedroom, three-bathroom unit. The rear structure includes (2) four-bedroom, three-bathroom units along with a two-bedroom, three-bathroom attached ADU. This diverse mix of large, modern floor plans is designed to attract high-quality tenants seeking space, privacy, and contemporary amenities. Each unit features central heating and air conditioning, in-unit washer and dryer, and modern open layouts with abundant natural light. Select units include private balconies that enhance indoor-outdoor living. The property is separately metered for gas, electricity, and water, with the rear structure sharing a water meter that is billed back to tenants. Solar panels reduce monthly tenant utility expenses promoting further tenant retention. The property also features parking for 11 vehicles. The property is currently fully leased to market-rate tenants and benefits from extremely low operating expenses due to its modern construction and efficient building systems. Located along Crenshaw Boulevard with convenient access to the 10 Freeway, the property sits minutes from Downtown Los Angeles, Koreatown, Culver City, and Hollywood. Residents enjoy easy access to nearby dining, retail, and entertainment options while benefiting from proximity to several major employment centers across Los Angeles.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,900,000

AD Id : 76092527

MLS Id : 26662613

Beds : 21

Lot Size : 7,659 Sqft

Living Area Size : 7,158

Year Built : 2025

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 21

    Bathroom Information

    Total Baths: 19 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2025 Building Area Total: 7,158

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1758 Lot Size Dimensions: 50x152
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7659

  • Listing Price Information

    Original List Price: 3,900,000 Listing Contract Date: 2026-03-10
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5071002026

  • Garage and Parking

    Garage Description: Attached Carport,Gated,Private Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 6039 Directions: North of W Washington Blvd and East of Crenshaw Blvd Zoning: LAR3 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 1 Year Built Source: Builder Total Square Feet Living: 7158 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1117 S Manhattan Place, Los Angeles, CA, 90019 $1,399,000 4 2 1,807 1,807 SqFt
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 2,133 SqFt
1254 S Manhattan, Los Angeles, CA, 90019 $1,790,000 6 3 3,024 3,024 SqFt
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 -- 7,360 7,360 SqFt
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,280,000 9 5 7,512 7,512 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 9,268 SqFt
1070 S Wilton Place, Los Angeles, CA, 90019 $2,300,000 4 2 3,190 3,190 SqFt
1023 S Wilton Place, Los Angeles, CA, 90019 $1,425,000 7 7 2,660 2,660 SqFt
1220 S Wilton Place, Los Angeles, CA, 90019 $1,765,000 4 1 3,382 3,382 SqFt
1224 S Wilton Place, Los Angeles, CA, 90019 $1,675,000 6 5 4,560 4,560 SqFt

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ByOwner last updated this listing 06/12/2026 @ 07:20

MLS: 26662613 LISTED BY: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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