Active
5107 Crenshaw BLVD
LOS ANGELES CA, 90043
$2,700,000
$465.60 per sqft
Active
13 Beds
14 Baths
5,799 sqft
Multi-family
Built in 1934
We are pleased to present 5107 Crenshaw Blvd, a turnkey six unit apartment style building in the Windsor Hills neighborhood of Los Angeles to market. The front structure consists of a charming Tudor style brick faade four-plex that has was fully renovated in 2024 and two brand new three bed/three bath ADU's were built in the rear of the property. The front four plex consisted of (1) four bed/four bath unit, (1) 3 bed/2 bath unit, and (2) studio units. The two new ADU's consist of (2) three bed/three bath units. Located adjacent to an affluent single family neighborhood, homes one block west on S Victoria Ave sell for at least $1,000,000. The property is currently operating as a short term rental with the front four units fully furnished. Due to the high bedroom/bathroom count and almost every bedroom having an attached bathroom, the property lends itself well to a co-living type of operator. This is a fifteen bed/fourteen bath property- it potentially could be a great fit for a subsidized charitable organization to own to house individuals as part of a shared living program that could move into a brand new building with historic charm walking distance to the Expo line for easy public transit around LA. A private investor could also lease the units to market tenants and with proven projected rents and operate at a 6.5% cap rate and a 10.71 GRM.
PW25032599MR
MLSⓇ ID
February 5, 2025
Listed
February 13, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
13
Total Bathrooms
14
Laundry Description
Gas Or Electric Dryer Hookup
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.24 Acres
Sewer
Private Sewer
Other Property Details
Area Name
Park Hills Heights
Taxes
$33,088
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR4
Listed by Jackson Jorgensen with Younglewin Advisors, Inc.
Listing Contact: 626-399-2415
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Josslyn Young shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/13/2025