1709 Crenshaw Blvd, Los Angeles, CA 90019
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1709 Crenshaw Blvd Los Angeles, CA 90019

$1,780,000
  • 6 Beds
  • 9 Baths
  • 2,863 Sq.Ft.
For Sale
$1,780,000 Get Pre-Qualified

Map preview of 1709 Crenshaw Blvd, Los Angeles, CA 90019

Property Overview: 1709 Crenshaw Blvd Los Angeles, CA has 6 bedrooms, 9 bathrooms, 2,863 living square feet and 7,466 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: Are you in the market for a short-term rental property? Check out this remodeled R3-zoned property with four units, already set up for short-term rentals and generating income. Here are the key features: Three stylish studios downstairs, each with its own bathroom. One spacious unit upstairs with 3 bedrooms and 3 bathrooms. Prime location near Freeway 10, Koreatown, Downtown, and Hollywood. According to the seller, this property could generate over $17,000 per month in income. Make an offer. Motivated seller.

Listed by Daehong Park | BRE #01957505 | eXp Realty of Greater Los Angeles
Last checked: 10 minutes ago | Last updated: August 24th, 2024 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
7,466
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24423543
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1709 Crenshaw Blvd

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
Property Information
  • Total # of Units: 4
  • Parcel Number: 5071001032
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West side on Crenshaw Blvd, between Venice and Washington Blvd
View more facts & features

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Sale History for 1709 Crenshaw Blvd

Last sold for $770,000 on February 8th, 2007
  • August, 2024

  • Aug 5, 2024

    Date

    Active

    CRMLS: 24423543

    $1,880,000

    Price

  • June, 2023

  • Jun 20, 2023

    Date

    Expired

    CRMLS: 22226207

    $2,400,000

    Price

  • Dec 19, 2022

    Date

    Active

    CRMLS: 22226207

    $2,400,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2021

  • May 5, 2021

    Date

    Expired

    CRMLS: 20641398

    $2,000,000

    Price

  • Oct 3, 2020

    Date

    Active

    CRMLS: 20641398

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 48 unit Development Project in K-town. This project is a total of 3 parcels with R3-1 zoning with TOC Tier 3. The total lot size is 22,400SF. Currently all three properties are generating $22,000 rental income. This project can be built for 48 units of apartments or condos. These parcels are NOT HPOZ and are right next to the beautiful Lafayette Park Community. These parcels can be purchased individually or combined for $6,000,000.

  • January, 2020

  • Jan 30, 2020

    Date

    Canceled

    CRMLS: 20545150

    $6,500,000

    Price

  • Jan 18, 2020

    Date

    Active

    CRMLS: 20545150

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 49 unit Development Project in K-town. This project is a total of 3 parcels and it's R3-1 zoning with TOC Tier 3. The total lot size is 22,400 SF and currently, all three properties are generating $22,000 rental income. This project can be built for 48 units of apartments or condos. These parcels are NOT HPOZ and are right next to the beautiful Lafayette Park Community. These parcels can be purchased individually or combined for $6,500,000.

  • September, 2019

  • Sep 18, 2019

    Date

    Expired

    CRMLS: PW19169465

    $1,800,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: PW19169465

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    This 4 unit income property with R3 zoning has three 1bed /1bath and one 3 beds 2 baths in 2222 sf. Remarkable opportunity to own it with high potential to build larger development project like apartment. Seller wants to sell all 3 properties at 1709,1717 & 1721 Crenshaw BL. and can be sold separately. This property currently has an income of $7,800 per month and projected to be $20,000 or more per month by running it with rooming motel and/or air b&b. This area is near Olympic stadium and U S C. and is also near the soccer field which is projected to be built in the near future. Please come and check this out and don't miss this great opportunity.

  • June, 2019

  • Jun 10, 2019

    Date

    Expired

    CRMLS: 19452320

    $1,800,000

    Price

  • Apr 10, 2019

    Date

    Active

    CRMLS: 19452320

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Vacant at the moment since it is under remodeling and scheduled to be completed in a month. On the 1st floor, it will have three studios with own bathroom and kitchen. The 4th unit on the 2nd floor, which has three bedrooms and two bathrooms. 1709, 1717 and 1721 Crenshaw, all three can be sold together at $6.5M.

  • March, 2019

  • Mar 16, 2019

    Date

    Expired

    CRMLS: 19426134

    $2,000,000

    Price

  • Jan 21, 2019

    Date

    Active

    CRMLS: 19426134

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Home, 3 beds 1 bath, 2,650 sf, 7,471 sf lotSeller want to sell all 3 properties at 1709,1717 & 1721 Crenshaw BL. Together in $6,000,000. Each property is $2,000,000. Total lot size of 3 properties are 22,400 sq ft. Total current Income of 3 properties is $29,000 per month. However all 3 properties to be delivery vacant at the close of Escrow. It's very rare chance that these kind of 3 properties in side-by-side is in the market in Korea town. These lot size could be the best opportunity for Developer to build up Apartment and lot units of condos. Buyer to complete investigations of all permits, etc. When to build on, Buyer need further investigation. Very convenient area for transportation, shopping & restaurants. This property at 1709 has current Income $7000 per month. This area is near to Olympic stadium and U S C. And also near to soccer playground to be built in the future soon.1717 & 1721 at Crenshaw, these 2 properties available for build MOTEL and Hotel.

  • January, 2019

  • Jan 2, 2019

    Date

    Canceled

    CRMLS: 18395562

    $1,995,000

    Price

  • Nov 6, 2018

    Date

    Price Change

    CRMLS: 18395562

    $1,995,000

    Price

  • Oct 11, 2018

    Date

    Active

    CRMLS: 18395562

    $2,270,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 48 unit Development Project in K-town. This project is total of 3 parcels and it's R3-1 zoning with TOC Tier 3. Total lot size is 22,400 SF and currently all three properties are generating $22,000 rental income. This project can be built for 48 units of apartment or condos. These parcels are NOT HPOZ and is right next to the beautiful Lafayette Park Community. These parcels can be purchased individually or combined for $6,800,000.

  • February, 2007

  • Feb 8, 2007

    Date

    Sold (Public Records)

    Public Records

    $770,000

    Price

  • November, 2003

  • Nov 19, 2003

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

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Tax History for 1709 Crenshaw Blvd

Assessed Value (2020): $943,291
Year Land Value Improved Value Assessed Value
2020 $796,290 $147,001 $943,291

Home Value Compared to the Market

This property vs the competition

1709 Crenshaw Blvd is listed 48.33% 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 $621.73 per/sqft which puts the price per square foot 19.05% lower than the median price per square foot for the city of Los Angeles.

About 1709 Crenshaw Blvd

Detailed summary of property

1709 Crenshaw Blvd is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 6 bedrooms, 9 bathrooms, roughly 2,863 living square feet, and sits on an approximately 7,466 square foot lot. 1709 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on August 6, 2024. The homeowner is currently asking $1,780,000 and was originally asking $1,880,000. 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 48.33% higher than the median priced home. Local competing homes currently for sale include 1406 2nd Ave, 1349 S Hudson Ave and 1241 3rd Ave. While the average home in Los Angeles, CA is selling in 106 days, 1709 Crenshaw Blvd has a days on market of 44 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 1709 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 1709 Crenshaw Blvd

Public county record property details
Beds
3
Baths
2
Year built
1920
Sq. Ft.
2,222
Lot Size
7,463
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
5071-001-032

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 1709 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.