1857 Crenshaw Boulevard, a newly constructed 6-unit luxury multifamily property located in the desirable Mid-City / Arlington Heights neighborhood of Los Angeles. Built in 2025, this fully leased & high cash-flow investment features extremely low operating expenses, modern construction, and exemption from local rent increase restrictions (Non-RSO). The 100% leased property presents an attractive opportunity for 1031 exchange buyers seeking stable income and ease of management at a real 5.40% cap rate Day 1. The gated property is thoughtfully designed across three separate structures. The front building consists of a two-story single-family home style residence featuring a spacious four-bedroom, two-bathroom layout. The middle structure is a three-story duplex comprised of (1) four-bedroom, four-bathroom unit and (1) three-bedroom, three-bathroom unit. The rear structure includes (2) four-bedroom, three-bathroom units along with a two-bedroom, three-bathroom attached ADU. This diverse mix of large, modern floor plans is designed to attract high-quality tenants seeking space, privacy, and contemporary amenities. Each unit features central heating and air conditioning, in-unit washer and dryer, and modern open layouts with abundant natural light. Select units include private balconies that enhance indoor-outdoor living. The property is separately metered for gas, electricity, and water, with the rear structure sharing a water meter that is billed back to tenants. Solar panels reduce monthly tenant utility expenses promoting further tenant retention. The property also features parking for 11 vehicles. The property is currently fully leased to market-rate tenants and benefits from extremely low operating expenses due to its modern construction and efficient building systems. Located along Crenshaw Boulevard with convenient access to the 10 Freeway, the property sits minutes from Downtown Los Angeles, Koreatown, Culver City, and Hollywood. Residents enjoy easy access to nearby dining, retail, and entertainment options while benefiting from proximity to several major employment centers across Los Angeles.
How many bedrooms does this multi-family home have?
There are 21 bedrooms in this multi-family home at 1857 Crenshaw Boulevard.
Does this multi-family home have parking?
Yes, there are 11 parking spaces available for 1857 Crenshaw Boulevard.
How does 1857 Crenshaw Boulevard compare to other multi-family homes in Mid City?
This multi-family home is listed 92% above the average price for multi-family homes in Mid City and has been on the market for 160 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 7,158 sqft.
1857 Crenshaw Boulevard is a 21-bedroom multi-family home for sale in Los Angeles CA 90019. Available on Prevu for 7 days at $4,000,000. This residence features 7,158 square feet of living space, located in Mid City. The median listing price for multi-family homes in this area is $1,599,950. The home offers dishwasher, air conditioning, and parking. Explore more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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