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7324 Crenshaw, Los Angeles CA 90043
California>Los Angeles>Hyde Park

7324 CrenshawLos Angeles, CA 90043

For Sale

$1,895,000

Smart Buyer Rebate $18,950

The subject property is a two-story walkup apartment complex consisting of a 10 unit building with an additional non-permitted unit on one parcel. The building was constructed in 1961 and has 7 (1+1), 3 (2+1) units and a non permitted studio apartment. There is a laundry room onsite, and parking for 10 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 3321-3325 West 74th Street is a 20 unit apartment building and is being offered for sale by the same ownership as a portfolio.

The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot. There are major employers just 30 minutes away in Downtown LA. The area is densely populated which results in a strong rental market.

Listed by Stephen Lampe

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License #01164364

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Re/Max Commercial & Investment

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slampe@remaxcir.com

Listed by David Holstein

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License #01210777

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Re/Max Commercial & Investment

Last updated March 25, 2026

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Source: CRMLS #SB26064738

Listing Facts

  • TypeMulti-family
  • NeighborhoodHyde Park
  • Days on Prevu37

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/25/2026
Status changed to Active
$1,895,000
03/25/2026
Listed by Re/Max Commercial & Investment
$1,895,000

Property Details for 7324 Crenshaw

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 11
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1961
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Gated

Measurements

  • Building Area Total: 8,150
  • Building Area Units: Square Feet
  • Lot Features: 36-40 Units/Acre
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,151
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,151
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.01
  • Gross Income: $209,761.00
  • Operating Expense: $69,222.00

Taxes

  • Parcel Number: 4012015022

Other

Location

  • Tax Lot: 11

Parking

Parking

  • Carport Spaces: 10
  • Carport: Yes
  • Parking Total: 10

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 7324 Crenshaw.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 7324 Crenshaw.

How does 7324 Crenshaw compare to other multi-family homes in Hyde Park?

This multi-family home is listed 20% above the average price for multi-family homes in Hyde Park and has been on the market for 50 less days than the typical home in this area.

7324 Crenshaw is a -bedroom multi-family home for sale in Los Angeles CA 90043. Listed on Prevu for 37 days at $1,895,000. This property is located in Hyde Park. The median listing price for multi-family homes in this area is $949,000. Additional amenities include parking. Browse 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.