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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. Seller Open To Seller Carry Financing. 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 u p to a 70% density bonus and the potential 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 : $1,900,000

AD Id : 89632742

MLS Id : 26873363

Beds : 9

Lot Size : 14,164 Sq. Ft

Living Area Size : 4,720 Sq. Ft

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: $1900000
    Original 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

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2019 West Boulevard, Los Angeles, CA, 90016 $979,000 3 1 1,416 6,598 Sq. Ft
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2050 Claudina Avenue, Los Angeles, CA, 90016 $775,000 2 2 862 2,307 Sq. Ft
2636 Virginia Road, Los Angeles, CA, 90016 $3,250,000 16 -- 6,936 6,550 Sq. Ft
4014 W 30th Street, Los Angeles, CA, 90016 $799,999 2 1 908 4,990 Sq. Ft
2045 Claudina Avenue, Los Angeles, CA, 90016 $750,000 4 2 1,588 2,795 Sq. Ft
3021 Wellington Road, Los Angeles, CA, 90016 $1,299,900 3 3 1,404 6,150 Sq. Ft
3045 Wellington Road, Los Angeles, CA, 90016 $2,269,000 12 13 5,247 6,147 Sq. Ft

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 10/11/2026 @ 07:04

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

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