730 Crenshaw Boulevard Los Angeles, CA $ 3,450,000
730 Crenshaw Boulevard
$ 3,450,000
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730 Crenshaw Boulevard

Los Angeles, CA, 90005
$ 3,450,000
Baths0.0 Sq 11,208

Monthly Estimate*

$ 21,242

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,450,000. This 11,208 square foot home was built in 1954 on a lot size of 0.3.

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 estimated $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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Multi-Family Active

Price

$ 3,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Mid Century Modern

Lot Size

0.3

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026653783

Features
General
Living Area 11208.0
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR3
Architectural Style Mid Century Modern
Construction Materials Stucco
Year Built 1954
Tenant Pays Electricity Gas
View City Lights
Levels Multi/Split
County Los Angeles
Net Operating Income 204897.0
New Construction No
Property Type C
HOA No
Facing Direction West
Status Active
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N No
MLS Area HPK - Hancock Park
Lot Size Units Square Feet
Lot Size Square Feet 12984.0
Property Attached Y/N Yes
Additional Parcels Y/N No
Structure Type None
Standard Status Active
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Community
Total Baths 0
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Exterior
Parking Features Uncovered Assigned Carport
Lot Size Area 12984.0
Spa No
Pool Y/N? No
Building Area Total 11208.0
Lot Size Acres 0.3
Land Lease Type Fee
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* Excluded Features
List By
William James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$21,242
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,242
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$3,450,000 Listed Price

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730 Crenshaw Boulevard, Los Angeles, CA, 90005 is a Multi-Family Home for sale at $3,450,000 with 11,208 sqft and a lot size of 0.3. 730 Crenshaw Boulevard is a studio with 0.0 baths and was built in 1954. The property's zip code is 90005 which is in Los Angeles, CA