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727 Crenshaw Blvd, Los Angeles, CA 90005
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727 Crenshaw Blvd Los Angeles, CA 90005

$2,390,000
  • 9 Beds
  • 7 Baths
  • 4,138 Sq.Ft.
For Sale
$2,390,000 Get Pre-Qualified
Map preview of 727 Crenshaw Blvd, Los Angeles, CA 90005

Property Overview: 727 Crenshaw Blvd Los Angeles, CA has 9 bedrooms, 7 bathrooms, 4,138 living square feet and 7,502 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: Exceptionally well maintained Hancock Park Adjacent Triplex centrally located near Mid-city. Great opportunity for Homeowner with extra income or for investors seeking passive income. You'll have easy access to a wide range of amenities, including renowned dining establishments, boutique shops and cultural attractions, supermarket and public transportation. . The area surrounded by historic homes and proximity to popular destinations like The Grove, Century City, Beverly Hills, Downtown Los Angeles, Larchmont Village and the Miracle Mile. With convenient access to major highways and public transportation, exploring other parts of Los Angeles is convenient and effortless. Building can be use as home office, Acupuncture, CPA, Day care...etc. Main house (4+2) will be vacant at the close of escrow. Back building 2(1+1) currently leased on month to month.

Listed by Paul Bak | BRE #01164018 | Realtex Properties
Last checked: 15 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24361043
City
Los Angeles
County
Los Angeles
Time on Site
71 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $74,529
  • Gross Operating Income: $93,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $16,571
  • Insurance: $1,200
  • Water/Sewer: $700

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Property Details for 727 Crenshaw Blvd

Interior Features
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Den
Kitchen Information
  • Has Appliances
  • Gas Cooktop, Oven, Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • 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: 6
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5090032012
  • Architectural Style: Contemporary
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Olympic Blvd./ West of Wilton/ East of Rimpau Blvd./ South of Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 727 Crenshaw Blvd

Last sold for $1,100,000 on May 8th, 2008

  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: 24361043

    $2,390,000

    Price

  • May, 2015

  • May 26, 2015

    Date

    Price Change

    CRMLS: 15908409

    $1,690,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained Spanish style income property for rental income purposes or owner-use. (Tenants are all month to month) Currently, main house has been rent out into two units(Upstairs, downstairs) not divided(shows as beautiful SFR). Back building above the garage have 2 units + (1 non-conforming)with additional parking. Property is situated R-3 zone which allows multi residential developments. Main house has been updated with new A/C, granite counter-top with new cabinets and appliances. Great for home business or enjoy as SFR and income from the back units. Seller is very motivated!

  • May, 2008

  • May 8, 2008

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • December, 2005

  • Dec 7, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,160,181

    Price

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Tax History for 727 Crenshaw Blvd

Assessed Value (2020): $1,321,140
Year Land Value Improved Value Assessed Value
2020 $960,832 $360,308 $1,321,140

Home Value Compared to the Market

This property vs the competition

727 Crenshaw Blvd is listed 95.1% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $577.57 per/sqft which puts the price per square foot 25.38% lower than the median price per square foot for the city of Los Angeles.

About 727 Crenshaw Blvd

Detailed summary of property

727 Crenshaw Blvd is a multi family located in Los Angeles, CA 90005 and is currently for sale. This multi family property offers 9 bedrooms, 7 bathrooms, roughly 4,138 living square feet, and sits on an approximately 7,502 square foot lot. 727 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $2,390,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 95.1% higher than the median priced home. Local competing homes currently for sale include 1250 5th Ave, 1251 S Wilton Pl and 1046 S Hudson Ave. While the average home in Los Angeles, CA is selling in 96 days, 727 Crenshaw Blvd has a days on market of 58 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 727 Crenshaw Blvd Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 727 Crenshaw Blvd

Public county record property details
Beds
6
Baths
4
Year built
1924
Sq. Ft.
4,138
Lot Size
7,499
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5090-032-012

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$835,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
29
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), Other (0%)

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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.

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