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1615 S Crescent Heights Blvd
Los Angeles, CA 90035
Multifamily Property For Sale · 2 Units

Investment Highlights

  • Centrally located near Century City and Beverly Hills
  • Beautiful Fully Updated Spanish Revival

Executive Summary

Excellent Investment opportunity or User opportunity. Tenant is currently paying $6,950 per month for both the Studio ADU and the main house. Tenants lease expires 5/01/2027. Tenant has notified landlord they would like to extend until 12/31/2027 and pre-pay 8 months' rent. Buyer can extend the lease or occupy the property.
Tucked along a serene, tree-lined stretch of Crescent Heights Boulevard, this Beverly Hills-adjacent, exquisitely remodeled home combines timeless character with thoughtful, high-end upgrades—plus a fully permitted ADU with its own separate address and private entrance.
The inviting main residence features soaring cathedral ceilings, a fireplace, and beautifully maintained original hardwood floors. The gourmet kitchen is appointed with Italian marble countertops, Viking appliances, and a charming bay window that fills the space with natural light. Additional upgrades include central heating and air conditioning and an upgraded 200-amp electrical panel.
The property also features a spectacular, newly constructed and fully permitted ADU complete with its own kitchen, bathroom, mini-split heating and air conditioning, separate entrance, and separate address.
Outside, a private backyard oasis is surrounded by mature greenery, including an orange tree, while gated parking accommodates two vehicles side by side.
Centrally located with effortless access to Beverly Hills, Century City, Culver City, and some of the Westside’s best dining, shopping, and entertainment.
The property is currently occupied by a single tenant who occupies both the main residence and ADU. Showings will be scheduled upon an approved offer. Tenant is responsible for all utilities. Owner pays for gardener.

Property Facts

Price Per Unit $896,875 CAD
Sale Type Investment
Cap Rate 5.33%
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Lot Size 0.08 AC
Building Size 1,382 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1933/2022
Parking Ratio 1.45/1,000 SF
Zoning LARD1.5

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Fireplace
  • Storage Space
  • Washer/Dryer
  • Heating
  • Bay Window
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Breakfast Nook
  • Double Pane Windows
  • Family Room
  • Garden
  • Linen Closet
  • Pantry
  • Patio
  • Porch
  • Smoke Free

Site Amenities

  • Individual Locking Bedrooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 - -

Property Taxes

Property Taxes

Parcel Number
5068-007-017
Land Assessment
$996,662 CAD
Improvements Assessment
$249,164 CAD
Total Assessment
$1,245,826 CAD
  • Listing ID: 41809058

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 1615 S Crescent Heights Blvd, Los Angeles, CA 90035

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