1189 Crenshaw Blvd, Los Angeles, CA 90019
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1189 Crenshaw Blvd Los Angeles, CA 90019

$1,250,000
  • 5 Beds
  • 4 Baths
  • 2,929 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified

Map preview of 1189 Crenshaw Blvd, Los Angeles, CA 90019

Property Overview: 1189 Crenshaw Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,929 living square feet and 6,932 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled in the heart of the highly sought-after Oxford Square neighborhood of Los Angeles, this charming 3-unit apartment building is an investor or developer's dream. Each unit boasts its own unique character, with spacious layouts and abundant natural light. The property exudes historic charm while offering immense potential for modernization and value enhancement. Situated on a generous lot, there's ample room for creative expansion or redevelopment, making this a prime opportunity for the right buyer to maximize their investment. With close proximity to shops, dining, and entertainment, this property is perfectly poised for growth in one of LA's most desirable areas. Don't miss your chance to capitalize on this rare find--bring your vision and unlock the true potential of this exceptional property!

Listed by Mark MacFarlane | BRE #01795440 | Vimvi California
Co-listed by Justin Fautsch | BRE #02081966 | Vimvi California
Last checked: 2 minutes ago | Last updated: August 17th, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
6,932
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
P1-18906
City
Los Angeles
County
Los Angeles
Time on Site
34 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $31,284
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,716
  • Electric: $2,400
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $336
  • Water/Sewer: $1,560

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Property Details for 1189 Crenshaw Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Laminate
  • Living Room, Kitchen
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Crown Molding, Ceiling Fan(s), Laminate Counters
  • Levels: Two
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Shingle
  • Satellite Dish, TV Antenna
  • Has Fence
  • Block, Wrought Iron, Fair Condition, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door, Driveway, Street, Garage Faces Front
Lot Information
  • Lot Features: Back Yard, Corners Marked, Sprinklers None, Rectangular Lot, Level, Landscaped, Front Yard
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5082025001
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: West side of Crenshaw BlvdNorth of PicoSouth of Olympic
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Street Lights, Urban, Sidewalks
View more facts & features

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Sale History for 1189 Crenshaw Blvd

View property's historical transactions
  • August, 2024

  • Aug 16, 2024

    Date

    Active

    CRMLS: P1-18906

    $1,250,000

    Price

  • July, 2024

  • Jul 31, 2024

    Date

    Canceled

    CRMLS: IV24113707

    $1,450,000

    Price

  • Jun 5, 2024

    Date

    Active

    CRMLS: IV24113707

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all INVESTORS & DEVELOPERS!! This TRIPLEX is finally available for purchase on a large lot of almost 7000sf. Located in a prime location of Mid-Wilshire and close to freeways and shopping. Perfect location to develop a multi unit complex. Property has 2 physical addresses with separate meters. Don’t let this opportunity pass you by!

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Tax History for 1189 Crenshaw Blvd

Assessed Value (2020): $81,210
Year Land Value Improved Value Assessed Value
2020 $49,289 $31,921 $81,210

Home Value Compared to the Market

This property vs the competition

1189 Crenshaw Blvd is listed 4.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $426.77 per/sqft which puts the price per square foot 44.43% lower than the median price per square foot for the city of Los Angeles.

About 1189 Crenshaw Blvd

Detailed summary of property

1189 Crenshaw Blvd is a triplex located in Los Angeles, CA 90019 and is currently for sale. This triplex offers 5 bedrooms, 4 bathrooms, roughly 2,929 living square feet, and sits on an approximately 6,932 square foot lot. 1189 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on August 16, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.17% higher than the median priced home. Local competing homes currently for sale include 2211 S Bronson Ave, 1749 West Blvd and 1248 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 106 days, 1189 Crenshaw Blvd has a days on market of 31 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1189 Crenshaw Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1189 Crenshaw Blvd

Public county record property details
Beds
5
Baths
4
Year built
1922
Sq. Ft.
2,929
Lot Size
6,931
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5082-025-001

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1189 Crenshaw Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.