$1,800,000
1245 S Crescent Heights Boulevard, Los Angeles CA 90035
Multi-Family (4 Units)
Property type
39 days
On market
$388
Price per sqft
N/A
Garage
1936
Year built
6,438 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: David Miller DRE #02105346 323-948-7507, Miller & Desatnik Realty Co.
Listing updated: May 5, 2026 at 07:19am.
Last checked: Jun 4, 2026 at 01:30pm
Source: CRMLS #26810725
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,850 | $2,850 | $2,850 | Unfurnished |
| 1 | 1 | 1 | — | $2,350 | $2,350 | $2,350 | Unfurnished |
| 1 | 2 | 1 | — | $2,100 | $2,100 | $2,850 | Unfurnished |
| 1 | 1 | 1 | — | $2,300 | $2,300 | $2,350 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Refrigerator: 4
Financial Snapshot
Gross Rent Multiplier
15.6x
List Price / Annual Gross Rent
Cap Rate
4.19%
NOI / List Price
Net Operating Income: $75,484
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5087015019
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1245 S Crescent Heights Boulevard, Los Angeles, CA 90035. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,440,000
Total Interest
$1,836,641
Total Payment
$3,276,641
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,127
per month
Property History for 1245 S Crescent Heights Boulevard
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90035.
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