$1,900,000
701 Crenshaw, Los Angeles CA 90005
Multi-Family (9 Units)
Property type
40 days
On market
$280
Price per sqft
6 cars
Garage
1939
Year built
7,499 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Brian Noh DRE #01438155 213-804-7647, Nohco Real Estate
Listing updated: Jun 16, 2026 at 07:08am.
Last checked: Jun 16, 2026 at 07:30am
Source: CRMLS #OC26099417
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $3,242 | $3,242 | $5,600 | Unfurnished |
| 2 | 2 | 1 | — | $5,200 | $5,200 | $5,600 | Furnished |
| 4 | 0 | 1 | — | $6,600 | $6,600 | $7,000 | Furnished |
| 1 | 0 | 1 | — | $1,750 | $1,750 | $1,800 | Furnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Disposal: 9
Ranges: 9
Refrigerator: 9
Rent Control: Yes
Units Leased: 9
Total Actual Rent: $16,792
Financial Snapshot
Gross Rent Multiplier
9.4x
List Price / Annual Gross Rent
Cap Rate
7%
NOI / List Price
Gross Scheduled Income: $201,507
Operating Expense: $62,018
Net Operating Income: $133,930
Annual Operating Expenses
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Crown Molding, Main Floor Bedroom
Room Type: Bedroom, Kitchen, Living Room
Flooring: Laminate, Tile, Vinyl, Wood
Cooling: Wall Window Units
Heating: Forced Air, Wall Furnace
Appliances: Disposal, Gas Range, Refrigerator, Water Heater, Dryer
Fireplace: Decorative, Living Room
Laundry: Washer Hookup, In Garage, Laundry Room, Dryer Included
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Foundation: Raised
Construction Materials: Stucco
Common Walls: One Common Wall
Direction Faces: East
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Six To Ten Units Acre, Front Yard, Lawn, Landscaped
Pool: None
Fencing: Wrought Iron, Wire
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Garage and Parking
Parking: Carport, Driveway, Garage, Uncovered
Garage Spaces: 6
Uncovered Spaces: 2
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5090032007
Additional Parcels: No
Tax Lot: 7
Tax Block: 20
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks