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$1,700,000
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Property Description
Exceptional value-add 4-unit opportunity located in a prime Los Angeles neighborhood, featuring unique and charming architecture rarely found in typical multifamily assets. This distinctive property offers both strong in-place income and significant upside potential. The unit mix consists of (2) 2-bedroom + 1-bath units and (2) 1-bedroom + 1-bath units. Two units will be delivered vacant at closing, providing immediate flexibility for an investor or owner-user: Unit A: 2 Bed / 1 Bath (Vacant) Unit B: 1 Bed / 1 Bath (Vacant) The remaining units are currently occupied: Unit C: 2 Bed / 1 Bath rented at $2,100/month Unit D: 1 Bed / 1 Bath rented at $2,300/month. The property also features separate garage structures, offering excellent potential for Accessory Dwelling Unit (ADU) conversion (buyer to verify), creating an additional income stream and further enhancing long-term value.With its irreplaceable architectural character, desirable location, and multiple avenues for upside including rental increases, unit renovations, and ADU development - this is an ideal opportunity for investors seeking to reposition and maximize returns.
Full Property Details
Full Property Details for 1245 S Crescent Heights Blvd
General
- Sold For: $1,700,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26810725
- Added to Site: 92 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Other
Parking
- Garage Description: Garage - 4+ Car
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: Crescent Heights 1 block North of Pico Blvd.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 4,638
- Sq. Ft. Source: Assessor
- Year Built: 1936
- Year Built Source: Assessor
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1478
- Lot Size: 6438
- Lot Size Source: Assessor
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $388.1
- Assessment Year: 1936
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5087-015-019
Listed by Miller & Desatnik Realty Co., David Miller
Sold by Miller & Desatnik Realty Co., Carolyn Schneider
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Schools
Schools serving 1245 S Crescent Heights Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Carthay Center Elementary 6351 West Olympic Boulevard, Los Angeles, CA 90048 | K-5 | 0.5 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 3.7 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1245 S Crescent Heights Blvd
Date
Details
Price
Change
Source
6/24/2026
Sold
$1,700,000
-5.56%
MLS
4/27/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1245 S Crescent Heights Blvd, Los Angeles, CA 90035 (MLS# 26810725) is a Multi-Family property that was sold at $1,700,000 on June 24, 2026. Want to learn more about 1245 S Crescent Heights Blvd? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.

