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701 Crenshaw , Los Angeles, CA 90005
$1,850,000
Est. Payment: $9,880.29/mo
4 Bed
4 Bath
6789 Sqft
Status: Active | Days on site: 20
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OC06391 - OCNOHBRIA
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Chris Heller
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House Description

701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated 400amp electrical meters & panels. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. ACTUAL 9.4 GRM / 7.5% CAP RATE!
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Highlights

Listed by Brian Noh , 2138047647 Nohco Real Estate , 213-804-7647. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1939

County

Los Angeles

Area

C18 - Hancock Park-Wilshire

Listing ID

OC26180470

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Appliances:Disposal, Gas Range, Range Hood, Water Heater, Dryer
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:Decorative
Floor:Laminate,Tile,Wood
Other:
  • ▪ Additional:Ceiling Fan(s), Crown Molding
Water:Public

Exterior Features

Lot:2-5 Units/Acre,Back Yard,Front Yard,Landscaped,No Land Lease
Garage Capacity:8
Roof:Composition,Shingle
Others:
  • ▪ Additional:Stucco, 2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Concrete,Carport,Driveway
Principal Interest
$9,880
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$370,000
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:
$9,880.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,880.29 $1,179.38 $0.00 $11,059.67
Yearly $118,563.54 $14,152.50 $0.00 $132,716.04
Total $3,556,906.14 $424,575.00 $0.00 $3,981,481.14

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, 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: 2026-09-23T01:02:47.000Z

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