Huge Price reduction!!! This single-family home offers charm, versatility, and investment potential. Officially a single-family residence, it is divided into three separate units, generating $4,700 in monthly rental income. The main house on the first floor is spacious and well-lit, while the second floor features two private units. Additionally, the detached garage has been converted into an independent third unit, maximizing rental opportunities. Though the units are unpermitted, the property retains its single-family classification, allowing flexibility for future updates or development. Located in a rapidly growing Los Angeles neighborhood, it provides excellent access to freeways, public transportation, and popular areas like Downtown, Koreatown, and Mid-Wilshire. Surrounded by vibrant cultural and recreational amenities, including The Grove, LACMA, and the upcoming Lucas Museum, the area’s appeal continues to grow alongside rising property values. With steady income and long-term appreciation potential, this home is ideal for investors or homeowners seeking supplemental income. Its flexible layout and location in a thriving area make it a rare and valuable opportunity. Schedule a showing today to explore this promising property! It is perfect for Fixer or Flipping
Property Details
Price:
$950,000
MLS #:
OC25078602
Status:
Active
Beds:
3
Baths:
1
Address:
1929 Crenshaw Boulevard
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Apr 7, 2025
State:
CA
Finished Sq Ft:
3,255
ZIP:
90016
Lot Size:
7,325 sqft / 0.17 acres (approx)
Year Built:
1912
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Schools
School District:
Los Angeles Unified
Interior
Cooling
Central Air
Fireplace Features
None
Exterior
Community Features
Dog Park
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
None
Stories Total
2
View
None
Water Source
None
Financial
Association Fee
0.00
Map
Community
- Address1929 Crenshaw Boulevard Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
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1929 Crenshaw Boulevard
Los Angeles, CA
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