1183 Crenshaw Boulevard Los Angeles, CA $ 2,526,000
1183 Crenshaw Boulevard
$ 2,526,000
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1183 Crenshaw Boulevard

Los Angeles, CA, 90019
$ 2,526,000
Bedrooms-- Baths2.0 Sq 7,762

Monthly Estimate*

$ 17,446

Listed by Chad Pape, Coldwell Banker Realty, chad@PapeRealEstate.com
1183 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 1
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1183 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 17

Multi-Family Home for sale in Los Angeles, CA

for $2,526,000 with 2 full baths. This 7,762 square foot home was built in 2015 on a lot size of 0.1505.

Eight units, built in 2015, exempt from state rent control, with two vacancies ready to lease at market rents. This three-story contemporary building offers approx. 7,762 sq ft on a 6,554 sq ft LAR3 lot, with a mix of 1-, 2- and 3-bedroom units. Every unit has an open floor plan, central air and heat, in-unit washer and dryer, and stainless appliances including dishwasher and gas cooktop, with gated garage parking for 12 cars and fire sprinklers throughout. Those are the features renters search for, and they keep units leased. Current NOI is $171,938, with upside from filling the vacant units and bringing below-market rents up to pro forma. The location draws tenants on its own: quick freeway access and minutes to Koreatown, Downtown, Hancock Park, Century City and the Olympic Blvd tech corridor. Contact the listing agent for the full rent roll and financials, and schedule your tour today.

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Multi-Family Active

Price

$ 2,526,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1505

Year Built

2015

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

NP26240789

Days on Market

1

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Zoning LAR3
Garage Spaces 16
Pool Features None
Year Built 2015
Electric 220 Volts in Laundry
Property Subtype Mixed Use
Gross Income 288000
Community Features Sidewalks
County Los Angeles
Net Operating Income 225660
Operating Expense 8000
Insurance Expense 4500
New Construction false
Property Type Residential Income
Contingency call the agent first
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North on Crenshaw from the 10 freeway and South of Olympic Blvd.
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 8
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6554
Number of Units Leased 8
Listing Terms Cash Cash to New Loan Conventional Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 3996
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 19
Total Actual Rent 290000
Property Sub Type Additional Mixed Use
Cap Rate 5
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room
Entry Level 1
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Exterior
Lot Features Sprinklers In Rear Sprinklers In Front
Water Source Public
Total Parking 16
Lot Size Area 6554
Number of Buildings 1
Building Area Total 7762
Lot Size Acres 0.1505
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 8
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Chad Pape

Listing Agent

Coldwell Banker Realty

Broker

chad@PapeRealEstate.com

Email

Affordability Calculator

$17,446
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Monthly Principal & Interest
$17,446
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2026$2,526,000 -9.46% Price Down
11/10/2026$2,790,000 Listed Price

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1183 Crenshaw Boulevard, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,526,000 with 7,762 sqft and a lot size of 0.1505. 1183 Crenshaw Boulevard has 2.0 baths and was built in 2015. The property's zip code is 90019 which is in Los Angeles, CA