29
See all 29 photos
$2,485,000
Est. payment /mo
15 Beds
14 Baths
5,799 SqFt
Active
5107 Crenshaw BLVD Los Angeles, CA 90043
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,799 sqft
Price per Sqft $428
MLS Listing ID 25522769
Bedrooms 15
HOA Y/N No
Year Built 1934
Lot Size 10,467 Sqft
Property Description
5107 Crenshaw Blvd a fully renovated six-unit multifamily property in the vibrant and evolving Windsor Hills neighborhood of Los Angeles. The front structure is a beautifully restored Tudor-style fourplex, renovated in 2024, featuring a unique unit mix: (1) 4BR/4BA unit, (1) 3BR/2BA unit, and (2) studio units. In the rear of the property, (2) newly constructed 3BR/3BA ADUs offer modern design and added income potential. With a total of 15 bedrooms and 14 bathrooms, nearly every bedroom includes an en-suite bath, making the layout especially well-suited for co-living operators, master lease housing programs, or subsidized shared living models.The property will be delivered fully vacant at close of escrow, offering a rare level of flexibility for investors to implement their preferred leasing strategy. The newly built ADUs are not subject to rent control (buyer to verify), allowing for market-rate rents in a high-demand corridor. Additionally, the property is located within a federally designated Opportunity Zone, which may offer significant long-term tax advantages for eligible investors. Situated just one block from million-dollar single-family homes on S. Victoria Ave and within walking distance to the Metro Expo Line, this location offers both neighborhood charm and excellent connectivity to greater Los Angeles.Offered at $2,485,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.53% cap rate and a 10.35 GRM, this turnkey asset blends historic character with new construction and offers income potential, flexibility, and long-term upside in one of LA's most promising submarkets. Whether you're a private investor seeking cash flow, an operator looking for a co-living opportunity, or a nonprofit organization with a shared housing mission, this property checks all the boxes.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR4
Interior
Heating Central
Cooling None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 3
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5013017013
Special Listing Condition Standard
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.