5107 Crenshaw Blvd a fully renovated six-unit multifamily property in the vibrant and evolving Windsor Hills neighborhood of Los Angeles. The front structure is a beautifully restored Tudor-style fourplex, renovated in 2024, featuring a unique unit mix: (1) 4BR/4BA unit, (1) 3BR/2BA unit, and (2) studio units. In the rear of the property, (2) newly constructed 3BR/3BA ADUs offer modern design and added income potential. With a total of 15 bedrooms and 14 bathrooms, nearly every bedroom includes an en-suite bath, making the layout especially well-suited for co-living operators, master lease housing programs, or subsidized shared living models. The property will be delivered fully vacant at close of escrow, offering a rare level of flexibility for investors to implement their preferred leasing strategy. The newly built ADUs are not subject to rent control (buyer to verify), allowing for market-rate rents in a high-demand corridor. Additionally, the property is located within a federally designated Opportunity Zone, which may offer significant long-term tax advantages for eligible investors. Situated just one block from million-dollar single-family homes on S. Victoria Ave and within walking distance to the Metro Expo Line, this location offers both neighborhood charm and excellent connectivity to greater Los Angeles.Offered at $2,385,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.85% cap rate and a 9.94 GRM, this turnkey asset blends historic character with new construction and offers income potential, flexibility, and long-term upside in one of LA’s most promising submarkets. Whether you’re a private investor seeking cash flow, an operator looking for a co-living opportunity, or a nonprofit organization with a shared housing mission, this property checks all the boxes.
Property Details
Price:
$2,385,000
MLS #:
25522769
Status:
Active
Baths:
0
Address:
5107 Crenshaw Boulevard
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Apr 8, 2025
State:
CA
ZIP:
90043
Lot Size:
10,469 sqft / 0.24 acres (approx)
Year Built:
1934
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Schools
Interior
Cooling
None
Heating
Central
Exterior
Parking Features
None
Parking Spots
3.00
Financial
Map
Community
- Address5107 Crenshaw Boulevard Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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5107 Crenshaw Boulevard
Los Angeles, CA
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