5107 Crenshaw Boulevard, Los Angeles, CA 90043 - Berkshire Hathaway HomeServices California Properties

5107 Crenshaw Boulevard, Los Angeles, CA 90043

$2,485,000 Approx. USD 15 beds, 14 baths
5,799 sqft

Listing Agent


Jake Glaser | jake@lyonstahl.com
Lic#: 02128816
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Spencer Chan | spencer@lyonstahl.com
Lic#: 02197531
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

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 $2,485,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.53% cap rate and a 10.35 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25522769
Price: $2,485,000
Beds: 15
Baths: 14
Built in 1934
5,799 sqft
2 stories
0.24 acres
Lot size: 0.2403
County: Los Angeles
Zoning: LAR4
Parking description: None
Heating/cooling: None
Heating description: Central
MLS area: PHHT - Park Hills Heights

Last Updated: 4/16/2025

 Days On Market (DOM): 97

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 33.996473, -118.331402.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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