826 Crenshaw Blvd
LOS ANGELES, CA 90005

Property

Furnished: YES
Ownership: For Sale
Bedrooms: 5 BR
Bathrooms: 4
Area: 7159 sq ft
Lot Size: 0.2 Acres

Financials

Price:$1,399,999
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Compass

826 Crenshaw Blvd 5BR Hancock Park La

Description

Ideally situated at 826 Crenshaw Blvd, this versatile property delivers the best of both worlds - move in and enjoy it as a comfortable single-family residence, or unlock its investment potential with R-3 zoning that opens the door to multi-unit development. Nestled at the crossroads of some of LA's most coveted communities, 826 Crenshaw places you moments from the vibrant energy of Koreatown, the tree-lined estates of Hancock Park, and the cultural corridor of Mid-Wilshire. Dining, culture, and some of LA's most established neighborhoods are all within easy reach. For developers and investors, the R-3 zoning allows for multiple residential units on a single lot meaning this property has the possibility to support a small apartment building, townhomes, or a mixed-use development strategy. Add to that a central Crenshaw address flanked by Hancock Park and Koreatown two neighborhoods with consistently strong rental demand and the case for development speaks for itself. Whether you build to rent or build to sell, the location does the heavy lifting. The property is also ideally positioned for transit-oriented living, with the Wilshire/Western Metro Station less than a mile away a feature that adds real value for future tenants and buyers alike, and one that only strengthens the long-term investment. If you've been looking for a property with immediate utility and serious upside, this property deserves a close look. Don't miss out and call for a private showing.

Amenities

  • Breakfast Area
  • Dining Area

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.