“INCOME-PRODUCING” 4-Unit Building currently operated as a multi-room rental located in Pico/Crenshaw area of Central Los Angeles, near Koreatown and Mid-Wilshire. The interior configuration has been significantly altered by prior ownerships, with walls opened and reconfigured, resulting in a layout that currently resembles a large single-family residence. The existing configuration is non-conforming to the original 4-unit design. The property is currently being used as a individually rented, approximately 12-bedrooms rooming house, producing approximately $7,606 in gross monthly income. The building features two communal kitchens, one on each level. Recent improvements include a newer roof (approximately 4 years old) and an updated heating system. The seller pays all utilities, averaging approximately $1,000 per month for water and electricity and $500 per month for gas. The property offers at least 5 surface parking spaces and is situated on a 7,158 Sq.ft R-3 Lot with Tier 3 Transit Oriented Communities (TOC) designation, offering significant redevelopment and density potential. Buyer to conduct their own due diligence and verify all zoning, permits, square footage, current use, and development potential. Ideal opportunity for investors or developers seeking income with strong Value-add or redevelopment upside in a prime central Los Angeles location. NOTE: PLEASE DO NOT DISTURB OR SPEAK WITH TENANTS, NOR WALK ON THE PREMISES!
Property Details
Price:
$1,500,000
MLS #:
26636059
Status:
Active
Beds:
12
Baths:
5
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Jan 15, 2026
Finished Sq Ft:
3,352
Total Sq Ft:
3,352
Lot Size:
7,160 sqft / 0.16 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Cooling
NO
Heating
CF
Exterior
Architectural Style
CRF
Construction Materials
WOD
Parking Spots
5
Roof
CMP
Security Features
GC
Financial
Map
Community
- Address1320 Crenshaw BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 20, 2026
2,289
Single Family Listed
54
Avg DOM
928
Avg $ / SqFt
$1,933,037
Avg List Price
Property Summary
- 1320 Crenshaw BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $1,500,000 and features 12 beds, 5 baths, and has approximately 3,352 square feet of living space, and was originally constructed in 1910. The current price per square foot is $447. The average price per square foot for Single Family listings in Los Angeles is $928. The average listing price for Single Family in Los Angeles is $1,933,037.
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