5107 Crenshaw Boulevard
Los Angeles, CA 90043
0.24 acres | #PW25032599
Description
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 façade 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.
Property Details
- Property TypeMulti-Family
- Sewer InformationPrivateSewer
- CountyLos Angeles
- Original List Price$2,700,000
- MLS #PW25032599
- MLS #PW25032599
- Lot DescriptionFrontYard
- Property SubtypeApartment
- Taxes Annual$33,088
- Cost2590000
- Acres0.2403
- Utility SourcePublic
- Year Built1934
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jackson Jorgensen (#PWJORJAC)
Listing Office: Younglewin Advisors, Inc. (#PB20845)
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