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Brand New Const, Luxury 6-Unit | West Adams 1857 Crenshaw Blvd 6 Unit Apartment Building $6,208,640 CAD ($1,034,773 CAD/Unit) 5.07% Cap Rate Los Angeles, CA 90019
INVESTMENT HIGHLIGHTS
- No LA Rent Controll!
- High-income property in one of LA’s most rapidly appreciating pockets.
- Premium modern finishes and open layouts designed for today’s urban renter
- Minutes from Culver City’s expanding tech hub, home to major employers like Amazon Studios, Apple, & HBO.
- Quick access to DTLA, Koreatown, and the 10 Freeway.
- All units separately metered for electric and water — low operating expenses!
EXECUTIVE SUMMARY
The 5+ Unit Specialists are pleased to present 1857 S Crenshaw Blvd, a NON RENT CONTROLLED, 2025-built luxury six-unit community ideally
positioned between West Adams and Mid-Wilshire.
This massive property features four spacious 4-bedroom units, one 3-bedroom unit and one 2-bedroom unit, totaling six luxury residences with eight on-site parking spaces. One of the six units are currently leased, offering a rare owner-user opportunity with immediate income and strong appreciation potential. Each residence showcases designer kitchens, high-end finishes, in-unit laundry, private entrances, and separate utilities. Built for modern living, the property also includes drought-tolerant landscaping and a builder’s warranty for low-maintenance ownership.
Located minutes from West Adams’ vibrant dining and creative corridor, 1857 S Crenshaw Blvd offers residents effortless access to local favorites like Alta Adams, Mizlala, Johnny’s Pastrami, and Highly Likely, along with quick connectivity to Culver City, Downtown Los Angeles, and Koreatown. Just a short drive from Culver City’s growing
tech hub, home to Amazon Studios, Apple, and HBO, this location attracts a strong base of young professionals seeking proximity to major job centers while enjoying the neighborhood’s lifestyle appeal. With strong tenant demand, limited new construction supply, and elevated modern design, 1857 S Crenshaw Blvd represents a rare opportunity to own a fully stabilized, luxury six unit property in one of Los Angeles’s fastest growing neighborhoods.
positioned between West Adams and Mid-Wilshire.
This massive property features four spacious 4-bedroom units, one 3-bedroom unit and one 2-bedroom unit, totaling six luxury residences with eight on-site parking spaces. One of the six units are currently leased, offering a rare owner-user opportunity with immediate income and strong appreciation potential. Each residence showcases designer kitchens, high-end finishes, in-unit laundry, private entrances, and separate utilities. Built for modern living, the property also includes drought-tolerant landscaping and a builder’s warranty for low-maintenance ownership.
Located minutes from West Adams’ vibrant dining and creative corridor, 1857 S Crenshaw Blvd offers residents effortless access to local favorites like Alta Adams, Mizlala, Johnny’s Pastrami, and Highly Likely, along with quick connectivity to Culver City, Downtown Los Angeles, and Koreatown. Just a short drive from Culver City’s growing
tech hub, home to Amazon Studios, Apple, and HBO, this location attracts a strong base of young professionals seeking proximity to major job centers while enjoying the neighborhood’s lifestyle appeal. With strong tenant demand, limited new construction supply, and elevated modern design, 1857 S Crenshaw Blvd represents a rare opportunity to own a fully stabilized, luxury six unit property in one of Los Angeles’s fastest growing neighborhoods.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$421,406
|
$58.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$12,642
|
$1.76
|
| Effective Gross Income |
$408,764
|
$56.98
|
| Taxes |
$74,466
|
$10.38
|
| Operating Expenses |
$19,473
|
$2.71
|
| Total Expenses |
$93,939
|
$13.09
|
| Net Operating Income |
$314,825
|
$43.88
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $421,406 |
| Annual Per SF | $58.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $12,642 |
| Annual Per SF | $1.76 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $408,764 |
| Annual Per SF | $56.98 |
| Taxes (CAD) | |
|---|---|
| Annual | $74,466 |
| Annual Per SF | $10.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $19,473 |
| Annual Per SF | $2.71 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $93,939 |
| Annual Per SF | $13.09 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $314,825 |
| Annual Per SF | $43.88 |
PROPERTY FACTS
| Price | $6,208,640 CAD | Property Subtype | Apartment |
| Price Per Unit | $1,034,773 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | A |
| Cap Rate | 5.07% | Building Size | 7,174 SF |
| Gross Rent Multiplier | 14.73 | No. Stories | 3 |
| No. Units | 6 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 1.12/1,000 SF |
| Zoning | LAR3 | ||
| Price | $6,208,640 CAD |
| Price Per Unit | $1,034,773 CAD |
| Sale Type | Investment |
| Cap Rate | 5.07% |
| Gross Rent Multiplier | 14.73 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Building Size | 7,174 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Double Vanities
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Handrails
- Instant Hot Water
- Island Kitchen
- Loft Layout
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Storage Space
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3 | 1 | $6,271 CAD | 1,431 |
| 4+4 | 1 | $6,271 CAD | 1,785 |
| 3+3 | 1 | $5,574 CAD | 1,785 |
| 4+3 | 1 | $6,411 CAD | 2,056 |
| 4+3 | 1 | $6,411 CAD | 2,000 |
| 2+3 | 1 | $4,179 CAD | 704 |
1 1
Walk Score®
Very Walkable (88)
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Brand New Const, Luxury 6-Unit | West Adams | 1857 Crenshaw Blvd
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