727 Crenshaw Los Angeles, CA 90005
Listing Courtesy of: CRMLS / Listed By: Steve Chung, New Star Realty & Investment - Contact:  323-895-8977

  727 Crenshaw Los Angeles, CA 90005

Active (2 Days)
$2,150,000 (USD)
OPEN HOUSE TIMES
  • OPEN
    Sat, Jul 25
    12 noon - 4:00 pm
  • OPEN
    Sun, Jul 26
    12 noon - 4:00 pm

Description

Fantastic opportunity to acquire a FULLY Not Rented 4-unit rental property in Wilshire Park, primed for immediate income generation and value-add

potential. With many system upgrades and updated units, this property will be delivered 100% vacant, allowing for investors to lease at current

market rents from day one - maximizing cash flow without tenant restrictions. Also presents a unique option to live in the main house, and receive

passive income to help pay down your mortgage! The front building features a spacious 5-bedroom + den residence, ideal for a high-income rental,

owner-user, co-living model, or live/work use. Its flexible layout includes a large kitchen, formal dining room, expansive living areas, laundry

room, and dual staircases offering multiple income strategies. In the rear, two updated 1-bedroom units plus a studio provide additional revenue

streams with strong market rent potential. The property also includes private garages (potential ADU conversion, buyer to verify) and ample gated

parking further enhancing income possibilities. Situated on a gated lot with mature landscaping and multiple outdoor areas, the property offers

added tenant appeal and long-term development upside. A turnkey opportunity for investors seeking a centrally located asset with immediate

leasing potential, strong rental fundamentals, and multiple paths to increase value. Strategically located in the heart of Los Angeles, just minutes

from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, the property benefits from consistently strong rental demand and proximity to major employment, dining, and lifestyle hubs.

MLS #:
SB26157342
Lot Size
7,502 SQFT
Type
Multifamily
Year Built
1924
County
Los Angeles County

Listed By

Steve Chung, New Star Realty & Investment, Contact: 323-895-8977
Source
CRMLS
Last checked Jul 21 2026 at 7:17 PM GMT+0000
Bathroom Details
Interior Features
  • Dryer
Heating and Cooling
  • Central
  • Central Air
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Controlled Entrance
  • Electric Gate
Stories
  • 2
Additional Information: New Star Realty & Investment | 323-895-8977
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {7/21/26 12:17} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.