5107 Crenshaw Boulevard

Los Angeles, CA 90043

$2,700,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1934

calendar_month Built

Property Description

We are pleased to present 5107 Crenshaw Blvd, a turnkey six unit apartment style building in the Windsor Hills neighborhood of Los Angeles to market. The front structure consists of a charming Tudor style brick façade four-plex that has was fully renovated in 2024 and two brand new three bed/three bath ADU's were built in the rear of the property. The front four plex consisted of (1) four bed/four bath unit, (1) 3 bed/2 bath unit, and (2) studio units. The two new ADU's consist of (2) three bed/three bath units. Located adjacent to an affluent single family neighborhood, homes one block west on S Victoria Ave sell for at least $1,000,000. The property is currently operating as a short term rental with the front four units fully furnished. Due to the high bedroom/bathroom count and almost every bedroom having an attached bathroom, the property lends itself well to a co-living type of operator. This is a fifteen bed/fourteen bath property- it potentially could be a great fit for a subsidized charitable organization to own to house individuals as part of a shared living program that could move into a brand new building with historic charm walking distance to the Expo line for easy public transit around LA. A private investor could also lease the units to market tenants and with proven projected rents and operate at a 6.5% cap rate and a 10.71 GRM.

Listing Information

List Price $2,700,000
Status Active
MLS PW25032599
Type Residential Income
Subtype Apartment
Year Built 1934
Lot Size 10,469
Structure Size N/A
Courtesy Of Younglewin Advisors, Inc.
Listing Agent Jackson Jorgensen DRE#02022727

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Maps

Listing information courtesy of: Jackson Jorgensen, Younglewin Advisors, Inc. 626-399-2415. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 13th, 2025 at 2:11 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.