1338 Crenshaw Boulevard

Los Angeles, CA 90019

$4,500,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1947

calendar_month Built

Property Description

Presenting an exceptional investment opportunity in the heart of Mid City Los Angeles: two side-by-side 20-unit properties, totaling 40 studio units. Offering 15,176 SF of rentable space on a sprawling 14,281 SF lot, this property delivers a strong 5.06% current CAP rate with substantial upside potential, including a 8.63% market CAP and a 6.72 market GRM. The 34% rental upside makes this property a standout for value-add investors. Ideally situated right off Pico Blvd, it provides convenient access to the West Side and Downtown LA, ensuring high tenant demand in this central location. Don't miss this rare opportunity to acquire a prime asset in one of LA’s most central neighborhoods.

Listing Information

List Price $4,500,000
Status Active
MLS SB25011258
Type Residential Income
Subtype Apartment
Year Built 1947
Lot Size 14,281
Structure Size N/A
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Brett Lyon DRE#01717818
Co-Listing Agent Woody Stahl DRE#01399621

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Brett Lyon, Woody Stahl, Lyon Stahl Investment Real Estate, Inc. 310-706-4066. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 11th, 2025 at 1:07 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.