826 Crenshaw Boulevard, Los Angeles, CA 90005
List Price: $1.4M
Listing Status: Active
0Days on Market: 1
5 Bedrooms · 4 Bathrooms · 2,404 sq ft
Property Type: Residential
Year Built: 1920
Lot Size: 7,159 sq ft
Private Pool: Yes
MLS Number: 26830311
About This Property
Ideally situated at 826 Crenshaw Blvd, this versatile property delivers the best of both worlds - move in and enjoy it as a comfortable single-family residence, or unlock its investment potential with R-3 zoning that opens the door to multi-unit development. Nestled at the crossroads of some of LA's most coveted communities, 826 Crenshaw places you moments from the vibrant energy of Koreatown, the tree-lined estates of Hancock Park, and the cultural corridor of Mid-Wilshire. Dining, culture, and some of LA's most established neighborhoods are all within easy reach. For developers and investors, the R-3 zoning allows for multiple residential units on a single lot meaning this property has the possibility to support a small apartment building, townhomes, or a mixed-use development strategy. Add to that a central Crenshaw address flanked by Hancock Park and Koreatown two neighborhoods with consistently strong rental demand and the case for development speaks for itself. Whether you build to rent or build to sell, the location does the heavy lifting. The property is also ideally positioned for transit-oriented living, with the Wilshire/Western Metro Station less than a mile away a feature that adds real value for future tenants and buyers alike, and one that only strengthens the long-term investment. If you've been looking for a property with immediate utility and serious upside, this property deserves a close look. Don't miss out and call for a private showing.
Listing provided by: Sonya Chun DRE #01049465 323-593-6999 sonya.chun@compass.com, Compass