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727 Crenshaw

los angeles, CA 90005

$2,150,000

    Interested? Let's Connect

    Fantastic opportunity to acquire a FULLY Not Rented 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
    leasing potential, strong rental fundamentals, and multiple paths to increase value. Strategically located in the heart of Los Angeles, just minutes
    from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, the property benefits from consistently strong rental demand and proximity to major employment, dining, and lifestyle hubs.

    Details

    4,138 Sq Ft

    7,502 Sq Ft Lot Size

    investment

    Built in 1924

    MLS/Listing ID SB26157342

    2 Stories

    4 Units

    Amenities & Features

    Cooling - Central Air

    Parking - Controlled Entrance

    Parking - Electric Gate

    Public Sewer

    Public Water

    Dryer

    Community - Biking

    Community - Park

    Community - Storm Drains

    Community - Street Lights

    Community - Sidewalks

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    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

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    • PROPERTY TAXES

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    • Common Charges

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    Interested In 727 Crenshaw?