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


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