5107 Crenshaw Blvd a fully renovated six-unit multifamily property in the vibrant and evolving Windsor Hills neighborhood of Los Angeles. The front structure is a beautifully restored Tudor-style fourplex, renovated in 2024, featuring a unique unit mix: (1) 4BR/4BA unit, (1) 3BR/2BA unit, and (2) studio units. In the rear… Read More of the property, (2) newly constructed 3BR/3BA ADUs offer modern design and added income potential. With a total of 15 bedrooms and 14 bathrooms, nearly every bedroom includes an en-suite bath, making the layout especially well-suited for co-living operators, master lease housing programs, or subsidized shared living models.The property will be delivered fully vacant at close of escrow, offering a rare level of flexibility for investors to implement their preferred leasing strategy. The newly built ADUs are not subject to rent control (buyer to verify), allowing for market-rate rents in a high-demand corridor. Additionally, the property is located within a federally designated Opportunity Zone, which may offer significant long-term tax advantages for eligible investors. Situated just one block from million-dollar single-family homes on S. Victoria Ave and within walking distance to the Metro Expo Line, this location offers both neighborhood charm and excellent connectivity to greater Los Angeles.Offered at $2,485,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.53% cap rate and a 10.35 GRM, this turnkey asset blends historic character with new construction and offers income potential, flexibility, and long-term upside in one of LA's most promising submarkets. Whether you're a private investor seeking cash flow, an operator looking for a co-living opportunity, or a nonprofit organization with a shared housing mission, this property checks all the boxes. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
37
Last Updated
Property Type
Other
Beds
15
Square Ft.
5,799
Lot Size
0.24 Acres
Year Built
1934
MLS Number
25522769
Additional Details
Appliances & Equipment
None
Building
5,799 sq ft, Built in 1934, Levels: Two
Cooling
None
Disclosures
None
Garage
None
Heating
Central
Lot
LotAcreage: 0.2403, LotSizeArea: 10,469
Parking
TotalParking: 3
Property
NumberOfUnits: 6, Zoning: LAR4
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