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Closed
- Listed price
- $1,425,000
- Listed Nov 10, 2013
- Sold price
- $1,398,000
- Sold Feb 28, 2014
7,252 sqft lot|1958 Built|78 MLS days on market
894 CRENSHAW, Los Angeles, CA 90005
Property Description
Exceptionally well-located 9-bedroom 9-bath apartment building at the western edge of Mid-Wilshire/Koreatown bordering Hancock Park. Walking distance to 3 buses & Wilshire/Western Metro. Units averaging 825 sf each. Owner spends 5 hours on management per week. Nearly passive investment for an investor, management duties are light and the seller has negotiated excellet rates with vendors (trash, insurance, etc.) that can be passed along to a new buyer. Metering is separate for gas and electricity. Thorough termite work was completed in 2012 and carries a three-year warranty. Three apartments currently at low rents between $600-950 as the owner has not pushed for maximum increases, nearly 20% calculated upside for a buyer. Recently leased units rent for over $1250 attesting to the desirability, quality, and finish of the upgrades. Large, light, bright units have French windows, ceiling fans, radiant heating lights in the bathrooms & mirrored closets. Carpet and flooring are updated.
Listing agent: Adam PetersonDRE #01815802adam.peterson@cbre.com, Listing office: CB Richard Ellis, Inc.
MLS data updated 10/28/2026, 4:17:36 PM PT
Source: CRMLSMLS #: 13718567
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,398,000
Feb 28, 2014
Available records32013–2014
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90005 · Oct 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90005 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.