1929 Crenshaw Active

Los Angeles,CA 90016

$ 950000

7 Beds

3.5 Baths

3255 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,255 sqft

Price per Sqft $291

MLS Listing ID OC25257133

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1912

Lot Size 7,325 Sqft

Property Sub-Type Detached

Type of Financing Cash,Cash To New Loan,Conventional,Exchange

Property Type Detached

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.

Location

State CA

County Los Angeles

Direction cross street :WASHINGTON/WEST ADAM ST

Interior

Cooling Central Forced Air

Fireplace No

Laundry Gas & Electric Dryer HU,Washer Hookup

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Other/Remarks

View City Lights,Neighborhood

Total Parking Spaces 2

Building

Story 2

Sewer Unknown

Water Other/Remarks

Level or Stories 2

Others

Senior Community No

Tax ID 5061020039

Acceptable Financing Cash,Cash To New Loan,Conventional,Exchange

Listing Terms Cash,Cash To New Loan,Conventional,Exchange

Special Listing Condition Standard

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