1929 Crenshaw, Los Angeles, CA 90016

Property Description

Featuring a total of 7 bedrooms and 3.5 bathrooms across multiple spaces — including a 3-bedroom/1.5-bath main unit on the first floor, a 3-bedroom/1-bath setup on the second floor, and a 1-bedroom/1-bath garage conversion — this property delivers exceptional flexibility and rental potential. This single-family residence is officially classified as SFR but currently divided into three separate income-producing units, generating $4,700 per month. The first floor serves as the primary living area, bright and spacious with its own private layout. The second floor is configured into two private units offering additional bedrooms and rental options. The detached garage has been thoughtfully converted into an independent unit, further maximizing cash flow opportunities. While the conversions are unpermitted, the SFR designation remains intact, providing future potential for updates or redevelopment. Situated in a rapidly growing Los Angeles neighborhood, the home offers excellent access to freeways, public transportation, and major hotspots such as Downtown, Koreatown, Mid-Wilshire, The Grove, LACMA, and the upcoming Lucas Museum. With consistent rental income and strong long-term appreciation trends, this property is ideal for investors or owner-users seeking supplemental income. The flexible layout, location, and upside potential make it a rare find. Schedule a showing today to explore this promising opportunity — perfect for Fixer or Flipping.