$1,850,000/mo

701 Crenshaw, Los Angeles, CA 90005

  • 6,789 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon7,501sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $272/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 400amp electrical meters & panels. 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. ACTUAL 9.4 GRM / 7.5% CAP RATE!

Listing Status:
Active
Date Added:
September 2, 2026
Data Last Updated:
October 9, 2026 at 7:16AM
Listing Office:
Nohco Real Estate : 213-804-7647
Listing Agent:
Brian Noh : 2138047647
Contact:
9493085775
MLS ID:
OC26180470
  • General: Ceiling Fan(s)Crown Molding
  • Appliances: DisposalGas RangeRange HoodWater HeaterDryer
  • Laundry: Washer HookupGas Dryer HookupIn GarageLaundry Room
  • Flooring: LaminateTileWood
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplace: DecorativeFireplace
  • General: None
  • Pool: None
  • Parking: ConcreteCarportDrivewayParking spaces: 8
  • Roofing: CompositionShingle
  • General: Stucco2Raised
  • Road/Access: City Street
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 5090032007
  • View: None
  • Fencing: Wire
  • Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Brian Noh , Nohco Real Estate

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