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$2,150,000
727 Crenshaw, Los Angeles, CA 90005
New Star Realty & Investment
7Beds
6Baths
1Days Listed
About This Property
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 proximi
Steve ChungNew Star Realty & Investment323-895-8977
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 7
- Bathrooms
- 6
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 1
- Original Price
- $2,150,000
Location & Neighborhood
What's nearby 727 Crenshaw, Los Angeles, CA 90005
Nearby Schools
- Unnamed School0.3 mi
elementary
- Unnamed School0.3 mi
elementary
- Saint Gregory School0.3 mi
elementary
Parks & Recreation
- 0.3 mi
Transit Access
- Crenshaw & 8th0.1 mi
Bus Stop
- Crenshaw & Wilshire0.1 mi
Bus Stop
- Wilshire & Crenshaw0.1 mi
Bus Stop
- Wilshire & Lorraine0.1 mi
Bus Stop
- Wilshire & Plymouth0.2 mi
Bus Stop
Local Amenities
Dining
- Kangnam Korean BBQ Sushi Bar0.4 mi
- Butnal0.4 mi
Banking
- Hanmi Bank0.5 mi
Coffee & Cafes
- Cafe Nemo0.5 mi
POI data updated 7/20/2026
Los Angeles Market Snapshot
2,910
Active Listings
$775K
Median Price
63
Avg Days on Market
Last updated: Jul 19, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$2,150,000