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$1,900,000

  • For Sale
  • Active
  • Multi-Family
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ACTUAL 9.4 GRM / 7.0% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner's unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated electrical in progress. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming World Cup and Olympics!

Full Property Details for 701 Crenshaw

General

  • Price: $1,900,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26099417
  • Updated: 5/7/2026
  • Days on Market: 19 days
  • Added to Site: 19 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room, Main Floor Bedroom
  • Interior Features: Crown Molding, Copper Plumbing (Partial)
  • Fireplace(s): Decorative, Living Room
  • Appliances: Water Heater, Disposal, Refrigerator, Gas Range
  • Flooring: Tile, Vinyl, Wood, Laminate

Rooms

Other Rooms

  • Laundry: Individual Room, In Garage, Washer Hookup, Dryer Included

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 6
  • Parking Features: Garage, Carport, Driveway, Uncovered
  • Parking: Garage, Carport, Driveway, Uncovered

Location

  • Area: C18 - Hancock Park-Wilshire
  • County: Los Angeles
  • Development Name: C18 - Hancock Park-Wilshire
  • Driving Directions: Near corner of Wilshire Blvd & Crenshaw Blvd.
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Forced Air, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 9
  • # Electric Meters: 9

Structural Information

  • Foundation: Raised
  • Roof: Composition
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 6,789
  • Year Built: 1939

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 4
  • Total Bathrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.1722
  • Lot Size (Sq. Ft.): 7,499
  • Lot Size Source: Assessor
  • Lot Description: Landscaped, Front Yard, 6-10 Units/Acre, Lawn

Financial Considerations

  • Price Per Sq. Ft.: $279.86
  • Price Per Unit: 211111

Listed by Nohco Real Estate, Brian Noh

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Listing agent

— 701 Crenshaw —

  • Brian Noh

    Nohco Real Estate

9493085775

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 Crenshaw

School District:Los Angeles Unified School District
NameGradesDistance
Wilshire Park Elementary School
4063 Ingraham St., Los Angeles, CA 90005
K-50.2 mi
John Burroughs Middle School
600 McCadden Place, Los Angeles, CA 90005
7-80.9 mi
Los Angeles Senior High School
4650 West Olympic Boulevard, Los Angeles, CA 90019
9-120.8 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 701 Crenshaw Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$1,900,000
35.71%
MLS
12/27/2019
Sold
$1,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 Crenshaw

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,992
3%
$2,077,921
4%
2023
$25,183
5%
$1,997,236
2%
2022
$24,046
1%
$1,958,075
2%
2021
$23,729
35%
$1,919,683
42%
2020
$17,536
4%
$1,356,600
2%
2019
$16,874
198%
$1,330,000
251%
2018
$5,659
3%
$378,742
2%
2017
$5,514
4%
$371,317
2%
2016
$5,321
1%
$364,037
2%
2015
$5,256
-1%
$358,570
2%
2014
$5,335
—
$351,547
—
2013
$5,319
—
$349,959
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Nohco Real Estate, Brian Noh

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Listed by Laura Markosian (CalRE#: 01291002)

701 Crenshaw, Los Angeles, CA 90005 (MLS# OC26099417) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 701 Crenshaw is currently listed for $1,900,000 and was received on May 07, 2026. Want to learn more about 701 Crenshaw? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.

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