Active

730 Crenshaw Boulevard

Los Angeles, CA 90005
Mark as Favorite
Bed 18

Bed

Bath 0

Bath

SqFt11,208

Sqft

SqFt12,984

Sqft(Lot)

730 Crenshaw Blvd presents a compelling multifamily investment opportunity in Wilshire Park, one of Koreatown's most desirable residential neighborhoods. Located near the intersection of Crenshaw Boulevard and Wilshire Boulevard, the property benefits from walkable access to Koreatown's dining, retail, and daily amenities, as well as proximity to the LA Metro Purple Line (D Line), which provides direct connectivity to Downtown Los Angeles and Beverly Hills and is planned to extend west to University of California, Los Angeles. The 16-unit property features a highly attractive unit mix of twelve (12) one-bedroom/one-bath units and four (4) two-bedroom/one-bath units, supporting strong rental demand and stable occupancy. Current rents are approximately 22% below market, offering an estimate d $73,000 in gross annual income upside through turnover and market rent adjustments. Additionally, the property may offer the ability to add ADUs in the rear pursuant to California Senate Bill 1211, providing future density and income growth potential. Buyer to verify.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,450,000

AD Id : 75524003

MLS Id : 26653783

Beds : 18

Lot Size : 12,984 Sqft

Living Area Size : 11,208

Year Built : 1954

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 18

    Bathroom Information

    Total Baths: 16 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1954 Building Area Total: 11,208 Construction: Stucco
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2981
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 12984

  • Listing Price Information

    Original List Price: 3,450,000 Listing Contract Date: 2026-02-18
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5092001031

  • Garage and Parking

    Garage Description: Assigned,Carport,Uncovered

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C18 - Hancock Park-Wilshire Directions: Heading North on Crenshaw from the 10 fwy, the property is on the East side of the street. Zoning: LAR3 Source Property Type: Residential Income Area: C18 - Hancock Park-Wilshire
  • Building and Construction

    Property Age: 72 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 11208 Entry Location: Ground Level w/steps Property Attached: Yes Levels or Stories: Multi/Split
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Nearby Home Value

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674 S Catalina Street, Los Angeles, CA, 90005 $2,900,000 12 -- 7,472 7,472 SqFt
743 S Berendo Street, Los Angeles, CA, 90005 $3,200,000 12 -- 9,955 9,955 SqFt
836 S Catalina Street, Los Angeles, CA, 90005 $2,250,000 8 -- 5,322 5,322 SqFt
741 S Hobart Boulevard, Los Angeles, CA, 90005 $3,999,000 15 -- 11,230 11,230 SqFt
705 S Gramercy Place, Los Angeles, CA, 90005 $1,490,000 6 -- 3,640 3,640 SqFt
838 S Gramercy Place, Los Angeles, CA, 90005 $1,790,000 11 -- 6,324 6,324 SqFt

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ByOwner last updated this listing 06/14/2026 @ 06:36

MLS: 26653783 LISTED BY: William James, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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