1857 Crenshaw BL
Los Angeles, CA, 90019
$4,000,000
21 Beds
19 Baths
7,158 SqFt
0.18 Acres
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MLS #26662613 image #0
1857 Crenshaw Boulevard, a newly constructed 6-unit luxury multifamily property located in the desirable Mid-City / Arlington Heights neighborhood of Los Angeles. Built in 2025, this fully leased & high cash-flow investment features extremely low operating expenses, modern construction, and exemption from local rent increase restrictions (Non-RSO). The 100% leased property presents an attractive opportunity for 1031 exchange buyers seeking stable income and ease of management at a real 5.40% cap rate Day 1. The gated property is thoughtfully designed across three separate structures. The front building consists of a two-story single-family home style residence featuring a spacious four-bedroom, two-bathroom layout. The middle structure is a three-story duplex comprised of (1) four-bedroom, four-bathroom unit and (1) three-bedroom, three-bathroom unit. The rear structure includes (2) four-bedroom, three-bathroom units along with a two-bedroom, three-bathroom attached ADU. This diverse mix of large, modern floor plans is designed to attract high-quality tenants seeking space, privacy, and contemporary amenities. Each unit features central heating and air conditioning, in-unit washer and dryer, and modern open layouts with abundant natural light. Select units include private balconies that enhance indoor-outdoor living. The property is separately metered for gas, electricity, and water, with the rear structure sharing a water meter that is billed back to tenants. Solar panels reduce monthly tenant utility expenses promoting further tenant retention. The property also features parking for 11 vehicles. The property is currently fully leased to market-rate tenants and benefits from extremely low operating expenses due to its modern construction and efficient building systems. Located along Crenshaw Boulevard with convenient access to the 10 Freeway, the property sits minutes from Downtown Los Angeles, Koreatown, Culver City, and Hollywood. Residents enjoy easy access to nearby dining, retail, and entertainment options while benefiting from proximity to several major employment centers across Los Angeles.

Property Details

Price:
$4,000,000
MLS #:
26662613
Status:
Active
Beds:
21
Baths:
19
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Mar 12, 2026
Finished Sq Ft:
7,158
Total Sq Ft:
7,158
Lot Size:
7,659 sqft / 0.18 acres (approx)
Year Built:
2025
ContemporaryNewconstructionC16 – Mid Los AngelesC16midlosangeles

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Schools

Interior

Appliances
DW
Cooling
CA
Heating
CF
Levels
S

Exterior

Architectural Style
CNT
Attached Garage YN
1
Parking Spots
11
Parking Total
11

Financial

Gross Operating Income
$279,011
Net Operating Income
$216,074

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Apr 29, 2026
9,641
Single Family Listed
87
Avg DOM
499
Avg $ / SqFt
$1,542,045
Avg List Price

Property Summary

    1857 Crenshaw BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $4,000,000 and features 21 beds, 19 baths, and has approximately 7,158 square feet of living space, and was originally constructed in 2025. The current price per square foot is $559. The average price per square foot for Single Family listings in Los Angeles is $499. The average listing price for Single Family in Los Angeles is $1,542,045.

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