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$2,485,000
Listing Price15beds
14baths
3,469sqft
10,497sqft lot
5107 Crenshaw Blvd, Los Angeles, CA 90043
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
5107 Crenshaw Blvd a fully renovated six-unit multifamily property in the vibrant and evolving Windsor Hills neighborhood of Los Angeles. The front structure is a beautifully restored Tudor-style fourplex, renovated in 2024, featuring a unique unit mix: (1) 4BR/4BA unit, (1) 3BR/2BA unit, and (2) studio units. In the rear of the property, (2) newly constructed 3BR/3BA ADUs offer modern design and added income potential. With a total of 15 bedrooms and 14 bathrooms, nearly every bedroom includes an en-suite bath, making the layout especially well-suited for co-living operators, master lease housing programs, or subsidized shared living models. The property will be delivered fully vacant at close of escrow, offering a rare level of flexibility for investors to implement their preferred leasing strategy. The newly built ADUs are not subject to rent control (buyer to verify), allowing for market-rate rents in a high-demand corridor. Additionally, the property is located within a federally designated Opportunity Zone, which may offer significant long-term tax advantages for eligible investors. Situated just one block from million-dollar single-family homes on S. Victoria Ave and within walking distance to the Metro Expo Line, this location offers both neighborhood charm and excellent connectivity to greater Los Angeles.Offered at $2,385,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.85% cap rate and a 9
Interior Details
3469
15
14
Has Heating:
Yes
Heating Type:
Central
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
10497
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
Conventional
N/A
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,844
$35,839
$88,071
--%
$123,910
2019
$1,844
$35,137
$86,345
--%
$121,482
2018
$1,743
$34,449
$84,652
--%
$119,101
2017
$1,712
$33,774
$82,993
--%
$116,767
2016
$1,631
$33,112
$81,366
--%
$114,478
2014
$1,628
$31,977
$78,575
--%
$110,552
2013
$1,622
$31,833
$78,220
--%
$110,053
2012
$1,614
$31,209
$76,687
--%
$107,896
Average Home Price in 90043
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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


