This single-family home offers charm, versatility, and investment potential. Officially a single-family residence, it is divided into three separate units, generating $4,500 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
MLS #
CROC24234604
MLS Source
California Regional MLS
Days on Site
17
Bedrooms
Ground Floor Bedroom, Other
Appliances
Other
Fireplace
None
Laundry
Other
Cooling
Central Forced Air
Pool
None
Garage/Parking
Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
Sewer
None
Water
Private
HOA Fee
$0
Zoning
LAR3
1929 Crenshaw Bld is a Single Family Residence in Los Angeles, CA 90016. This 3,255 square foot property sits on a 7,325 Sq Ft Lot and features 3 bedrooms & 1 full bathrooms. It is currently priced at $1,190,000 and was built in 1912.
This address can also be written as 1929 Crenshaw Bld, Los Angeles, CA 90016.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 21, 2024. For the most current information, please contact James Min