1406 Crenshaw Los Angeles, CA ^$ 1,300,000

1406 Crenshaw

^$ 1,300,000

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Recently Listed

1406 Crenshaw

Los Angeles, CA, 90019

^$ 1,300,000

Bedrooms-- Baths1.0 Sq 5,270

Monthly Estimate*

^$ 8,979

Listed by Sylvester Wilson Jr., Pellego, Inc., sylvesterwilsonreal@gmail.com

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Commercial Property for sale in Los Angeles, CA

for $1,300,000 with 1 full bath. This 5,270 square foot building was built in 1962 on a lot size of 0.1636.

Welcome to this fantastic investment opportunity in one of the most desirable rental markets in Los Angeles City. This apartment building is located in the Midtown Crenshaw area. The building is in the Crenshaw corridor, Midtown and Wilshire District, it's within walking distant to a number of restaurants, cafes and shopping centers. MTA public transportation is very accessible, and the 10 Freeway. The building has been well maintained and four (4) of the Units have been recently upgraded. There is a total of seven (7) units, consisting of six 1 bedroom / 1 bathroom & one unit (1) with 2 bedrooms / 1 bath. The is one assigned parking space for each unit in the back of the building. All of the units have their own Gas & Water meters. The building is subject to Los Angeles Rent Stabilization Ordinance (RSO) guidelines.

Commercial Active

Price

^$ 1,300,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1636

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26228309

Days on Market

Features

General

Heating Wall Furnace

Cooling Gas

Utilities Electricity Available Sewer Available Water Available

Roof Flat Tile

Zoning LAR3

Construction Materials Stucco

Year Built 1962

Electric Standard

Property Subtype Multi Family

Tax Year 2026

Current Use Multi-Family

County Los Angeles

Net Operating Income 71418

Operating Expense 31393

Insurance Expense 4170

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions Intersection of Pico Blvd & Crenshaw Blvd

City Los Angeles

Number Of Units Total 7

MLS Area C16 - Mid Los Angeles

Lot Size Units Square Feet

Lot Size Square Feet 7128

Number of Units Leased 7

Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional Contract 1031 Exchange FHA Owner May Carry

Land Lease Y/N false

Electric Expense 0

Current Financing Conventional

Trash Expense 7320

Water Sewer Expense 9600

Additional Parcels Y/N false

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Year Built Source Public Records

Property Sub Type Additional Multi Family

Cap Rate 5.69

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Laundry Features None

Entry Level 1

Exterior

Fencing Block Chain Link

Lot Features 6-10 Units/Acre

Water Source Public

Lot Size Area 7128

Number of Buildings 1

Building Area Total 5270

Lot Size Acres 0.1636

Lot Size Source Assessor

* Excluded Features

List By

Sylvester Wilson Jr.

Listing Agent

Pellego, Inc.

Broker

sylvesterwilsonreal@gmail.com

Affordability Calculator

$8,979

Per Month

Monthly Principal & Interest: $8,979
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,572,751

Percent of Sale Price 98%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/21/2026	$1,300,000		Listed Price

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1406 Crenshaw, Los Angeles, CA, 90019 is a Commercial Property for sale at $1,300,000 with 5,270 sqft and a lot size of 0.1636. 1406 Crenshaw has 1.0 baths and was built in 1962. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1406 Crenshaw

Commercial Property for sale in Los Angeles, CA

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