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2241 Crenshaw Boulevard

Los Angeles, CA 90016
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Bed 9

Bed

Bath 8

Bath

SqFt4,720

Sqft

SqFt14,164

Sqft(Lot)

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 potent ial 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,150,000

AD Id : 89632742

MLS Id : 26873363

Beds : 9

Lot Size : 14,164 Sqft

Living Area Size : 4,720

Year Built : 1927

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 8
  • Interior Features

    Appliances: Dryer, Washer

  • Building Information

    Year Built: 1927
    Building Area Total: 4720
    Stories: 2
    Private Pool: No
    View: Courtyard

  • Lot Information

    Lot Dimensions: 100 x 141 Main Square Feet: 14164 Lot Size Acres: 0.3252 Lot Size Source: Other Lot Size Square Feet: 14,164 Lot Description: BackYard,FrontYard,ValueInLand,Yard

  • Listing Price Information

    Listing Price: $2150000

  • Tax Information

    Parcel Number: 5061021038

  • Parking Information

    Parking Total: 16 DirectAccess, Driveway, Garage, Gated, Oversized, Private, SharedDriveway, SideBySide, Uncovered

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: .
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2129 Crenshaw Boulevard, Los Angeles, CA, 90016 $2,225,000 16 21 9,520 9,520 SqFt
2136 S Victoria Avenue, Los Angeles, CA, 90016 $1,300,000 5 3 2,636 2,636 SqFt
2413 S Victoria, Los Angeles, CA, 90016 $998,900 3 2 1,385 1,385 SqFt
4530 W Washington Boule.., Los Angeles, CA, 90016 $1,379,000 6 4 2,454 2,454 SqFt
3809 38111/2 W 30th Str.., Los Angeles, CA, 90016 $1,180,000 6 4 5,213 5,213 SqFt
2847 S Victoria, Los Angeles, CA, 90016 $2,995,000 -- -- 5,947 5,947 SqFt
2050 Claudina Avenue, Los Angeles, CA, 90016 $749,995 2 2 862 862 SqFt
2636 Virginia Road, Los Angeles, CA, 90016 $3,250,000 16 -- 6,936 6,936 SqFt
4014 W 30th Street, Los Angeles, CA, 90016 $799,999 2 1 908 908 SqFt
2045 Claudina Avenue, Los Angeles, CA, 90016 $790,000 4 2 1,588 1,588 SqFt

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 08/20/2026 @ 19:44

MLS: 26873363 LISTED BY: Joshua Yeager, Equity Union SOURCE: CRMLS

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