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1189 Crenshaw Blvd
Los Angeles, CA 90019
Multifamily Property For Sale · 4 Units

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INVESTMENT HIGHLIGHTS

  • Fully renovated and turnkey property updated with modern finishes and upgraded systems.
  • trong rental potential with multiple strategies, including TIC exit options for future resale value.
  • Each unit offers refreshed interiors, cohesive design, and a shared outdoor layout, plus four off-street parking spaces for convenience.

EXECUTIVE SUMMARY

Turnkey and fully renovated 4-unit property totaling 4,087 sq ft with 8 bedrooms and 7.5 baths across two buildings. The rear structure offers two 916 sq ft 2-bed/2-bath units, both updated throughout with modern finishes, while the front building includes a 1,205 sq ft 2-bed/2-bath first-floor unit and a 1,050 sq ft 2-bed/1.5-bath second-floor unit, each thoughtfully redesigned for today’s living. Every unit features refreshed interiors, upgraded systems, and a clean, cohesive aesthetic that appeals to both renters and owner-users. The property also provides four off-street parking spaces located in the driveway and between the two buildings, along with a shared outdoor layout that creates a comfortable residential feel. This is a rare opportunity to acquire a fully updated, move-in-ready income property with strong rental potential, multiple investment strategies, and the added flexibility of TIC exit options for future resale value.

PROPERTY FACTS

Price Per Unit $720,103 CAD
Sale Type Investment
Cap Rate 5.96%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.16 AC
Building Size 4,087 SF
No. Stories 2
Year Built/Renovated 1922/2025
Zoning LAR3 - Multiple Residential

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 4 - -
  • Listing ID: 38802905

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 1189 Crenshaw Blvd, Los Angeles, CA 90019

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