$2,050,000

727 Crenshaw Boulevard, Los Angeles, CA 90005

  • 7 beds
  • 4,138 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $495/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Fantastic opportunity to acquire a FULLY VACANT 4-unit rental property in Wilshire Park, primed for immediate income generation and value-add potential. With many system upgrades and updated units, this property will be delivered 100% vacant, allowing for investors to lease at current market rents from day one - maximizing cash flow without tenant restrictions. Also presents a unique option to live in the main house, and receive passive income to help pay down your mortgage! The front building features a spacious 5-bedroom + den residence, ideal for a high-income rental, owner-user, co-living model, or live/work use. Its flexible layout includes a large kitchen, formal dining room, expansive living areas, laundry room, and dual staircases offering multiple income strategies.In the rear, two updated 1-bedroom units plus a studio provide additional revenue streams with strong market rent potential. The property also includes private garages (potential ADU conversion, buyer to verify) and ample gated parking further enhancing income possibilities. Situated on a gated lot with mature landscaping and multiple outdoor areas, the property offers added tenant appeal and long-term development upside. A turnkey opportunity for investors seeking a centrally located asset with immediate leas

Listing Status:
Active
Date Added:
March 19, 2026
Data Last Updated:
April 5, 2026 at 4:08AM
Listing Office:
KW Westside Estates : 310-482-2200
Listing Agent:
Richard Schulman : 818-577-0476
MLS ID:
CL26666323
  • Laundry: DryerIn Kitchen
  • A/C: Central Air
  • Heating: Central
  • Parking: OtherUncovered Parking SpaceParking spaces: 10
  • General: Stucco
  • County: Los Angeles
  • Zoning: LAR35090032012
  • View: None

This listing courtesy of Richard Schulman , KW Westside Estates

Monthly Payment

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

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Location

Schools Nearby

W

Wilshire Park Elementary

4063 Ingraham St, Los Angeles, CA, 90005

Grades KG-5

0.24 miles away

G

Girls Academic Leadership Academy Dr. Michelle King School STEM

1067 West Blvd, Los Angeles, CA, 90019

Grades 6-12

0.72 miles away

G

Girls Academic Leadership Academy Dr. Michelle King School STEM

1067 West Blvd, Los Angeles, CA, 90019

Grades 6-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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