8400 Crenshaw Dr , Inglewood, CA 90305
$3,695,000
Est. Payment: $19,172.56/mo
3 Bed
3 Bath
11982 Sqft
0.62 Acres
Status: active | Days on site: 8
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CLW-X74376 - CLW-C144702
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House Description

We are pleased to present 8400 Crenshaw Drive, a 15-unit apartment community on an oversized 26,857 SF lot in Inglewood, minutes from SoFi Stadium, the Intuit Dome and the Hollywood Park development. The offering includes an assumable loan of approximately $1.74 million, fixed at 3.7% through November 2029 (subject to lender approval), giving a buyer more than three years of below-market debt.Current gross income is approximately $319,000 against a projected market potential of $392,000. That is roughly 23% upside for an owner who brings rents to market, with fixed-rate debt in place to support growing cash flow.The property offers 15 large units: six 2-bedrooms, eight 1-bedrooms and one studio. It has 18 garages, rare for Los Angeles multifamily, which help with tenant retention and add storage and parking income. Every unit has central air conditioning and double-pane windows, installed through the LAX-funded Residential Sound Insulation Program. The electrical system has been upgraded, with individual gas and electric meters. Many units have washer/dryer hookups, and three on-site laundry rooms add convenience and income. Security doors and window bars run throughout.Under California's SB 1211, the garages and oversized lot create potential for added ADUs, both detached and conversion units. Buyers should independently verify ADU feasibility with the City of Inglewood.The location offers quick freeway access to LAX, the South Bay, Downtown Los Angeles and the Westside, with neighborhood restaurants within walking distance. Long-standing neighbors, including the Dolores T. Richardson School, anchor a stable residential area with durable tenant demand.

Highlights

Listed by Joshua Cohen , 310-480-2130 Keller Williams Realty , 310-375-3511. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.62

Year Built

1953

County

Los Angeles

Area

101 - North Inglewood

Listing ID

26103115

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:18
Zoning:INR3YY
Others:
  • ▪ Additional:2+ Total Units, Has ADU
Parking Features:Door-Multi,Door-Single,Garage
Principal Interest
$19,173
Taxes
$2,356

Home Price

$3,695,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$739,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,172.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,172.56 $2,355.56 $0.00 $21,528.12
Yearly $230,070.72 $28,266.75 $0.00 $258,337.47
Total $6,902,121.50 $848,002.50 $0.00 $7,750,124.00

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Inglewood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T21:34:20.000Z

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