For Sale
$1,995,000

727 Crenshaw

Los Angeles, CA 90005

  • 7,502 sq ft lot
  • Built 1924

Listed by: New Star Realty & Investment · 323-895-8977

About this home

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.

Home details

Interior

Levels
Two
Laundry
Dryer Included
Cooling
Central Air
Heating
Central

Exterior & lot

Lot size
7,502 sq ft (0.17 acres)
Lot features
2-5 Units/Acre
Pool
None
Garage spaces
4
Parking
Auto Driveway Gate, Controlled Entrance
Common walls
No Common Walls

Property & community

Property type
Quadruplex
Year built
1924
Community
Biking, Street Lights, Storm Drains, Sidewalks, Park
County
Los Angeles
MLS #
SB26157342
Listed
Jul 19, 2026

Location

Listed by: New Star Realty & Investment · 323-895-8977

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 11, 2026 3:30 am.

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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

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