Home | Los Angeles County | Los Angeles | 90005 | 701 Crenshaw
MLS: CROC26099417 | Status: | Price: $1,900,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,499 | 1939 |
ACTUAL 9.4 GRM / 7.0% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated electrical in progress. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming World Cup and Olympics!
| Field | Value |
|---|---|
| MLS # | CROC26099417 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Appliances | Garbage Disposal, Oven Range - Gas, Dryer |
| Flooring | Laminate |
| Cooling | Window/Wall Unit |
| Heating | Forced Air, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Raised |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage, Other, Garage: 6 Car(s) |
| HOA Fee | $0 |
Brian Noh
Nohco Real Estate
License #: 01438155
Phone: (213) 804-7647
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 9 | – |
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This listing information is up-to-date as of May 07, 2026. For the most current information, please contact Brian Noh, (213) 804-7647.