$1,800,000

1245 S Crescent Heights Boulevard, Los Angeles, CA 90035

  • 6 beds |
  • 4 baths |
  • 4,638 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1936
  • Property Lot Size Icon6,438sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $388/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Exceptional value-add 4-unit opportunity located in a prime Los Angeles neighborhood, featuring unique and charming architecture rarely found in typical multifamily assets. This distinctive property offers both strong in-place income and significant upside potential. The unit mix consists of (2) 2-bedroom + 1-bath units and (2) 1-bedroom + 1-bath units. Two units will be delivered vacant at closing, providing immediate flexibility for an investor or owner-user: Unit A: 2 Bed / 1 Bath (Vacant) Unit B: 1 Bed / 1 Bath (Vacant) The remaining units are currently occupied: Unit C: 2 Bed / 1 Bath rented at $2,100/month Unit D: 1 Bed / 1 Bath rented at $2,300/month. The property also features separate garage structures, offering excellent potential for Accessory Dwelling Unit (ADU) conversion (buyer to verify), creating an additional income stream and further enhancing long-term value.With its irreplaceable architectural character, desirable location, and multiple avenues for upside including rental increases, unit renovations, and ADU development - this is an ideal opportunity for investors seeking to reposition and maximize returns.

Listing Status:
Active
Date Added:
April 27, 2026
Data Last Updated:
May 1, 2026 at 7:16AM
Listing Office:
Miller & Desatnik Realty Co. : 310-202-9166
Listing Agent:
David Miller : 323-948-7507
MLS ID:
26810725
  • Appliances: Refrigerator
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Parking spaces: 4
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.55087015019
  • Source: CRMLS_CL

This listing courtesy of David Miller , Miller & Desatnik Realty Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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