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$3,900,000
Listing Price2beds
1baths
1,236sqft
7,657sqft lot
1857 Crenshaw Blvd, Los Angeles, CA 90019
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 5.57% 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 re
Interior Details
1236
2
1
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7657
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,263
$51,544
$39,019
--%
$90,563
2019
$1,263
$50,534
$38,254
--%
$88,788
2018
$1,177
$49,544
$37,504
--%
$87,048
2017
$1,155
$48,573
$36,769
--%
$85,342
2016
$1,115
$47,621
$36,049
--%
$83,670
2014
$1,115
$45,988
$34,813
--%
$80,801
2013
$1,109
$45,781
$34,656
--%
$80,437
2012
$1,095
$44,884
$33,977
--%
$78,861
Average Home Price in 90019
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





