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Listed by Nohco Real Estate, Brian Noh, Listing Contact: 949-308-5775 
4 Beds
4 Baths

$1,850,000

701 Crenshaw, Los Angeles CA, 90005

Property typeMulti-family

Overview

Active

Listed Sep 2, 2026

Updated Sep 3

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 owners 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!

$12,308/mo

Est. mortgage payment based on a $1,850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26180470

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

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Data last updated 5:41 AM UTC, 9/3/2026

   

 

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