Income-Generating 4-Unit Rental
For Sale
$1,395,000
1320 Crenshaw Blvd, Los Angeles, CA 90019
Four-unit building operated as a multi-room rooming house with two communal kitchens and surface parking.
Property Size3,352 SF
Lot Size0.16 Acres
Days on Market245
Property Features for 1320 Crenshaw Blvd
General Information
Standard status
Active
Size
3,352 SF
Total Parking Spaces
5
Lot size
0.16 Acres
Property subtype
MULTI_FAMILY
Zoning
R-3
Additional Details
Multifamily Units
4
Building Details
Building Size
3,352 SF
Year Built
1910
Listing Agency:
Keller Williams Larchmont
Listed By:
Linda Roth Burrell · License #01080274
(323) 762-2600
Source:
Milsteinestates
Added: Jan 10
Changed: Aug 27
Last Checked: Sep 11 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Larchmont
Investment Insights
Based on property information with market context.
This income-producing four-unit property is currently operated as a multi-room rental/rooming house with approximately 12 bedrooms. The interior configuration has been significantly altered from the original four-unit design, with walls opened and reconfigured so the layout currently resembles a large single-family residence, creating a non-conforming configuration to the original plan. The building includes two communal kitchens, one on each level. Recent improvements include a newer roof (about four years old) and an updated heating system, and the seller states that all utilities are paid by the seller.
The property is located in the Pico/Crenshaw area of Central Los Angeles, near Koreatown and Mid-Wilshire. At least five surface parking spaces are available. The site is identified as a 7,158 sq. ft. R-3 lot with Tier 3 Transit Oriented Communities (TOC) designation.
Prospective buyers should conduct their own due diligence to verify zoning, permits, current use, square footage, and any development potential.
The property is located in the Pico/Crenshaw area of Central Los Angeles, near Koreatown and Mid-Wilshire. At least five surface parking spaces are available. The site is identified as a 7,158 sq. ft. R-3 lot with Tier 3 Transit Oriented Communities (TOC) designation.
Prospective buyers should conduct their own due diligence to verify zoning, permits, current use, square footage, and any development potential.
Key Highlights
- Income‑producing 4‑unit building (built 1910) currently operated as an approximately 12‑bedroom rooming house in Central Los Angeles
- Approximately $7,606 gross monthly income from the current rooming house setup
- Two communal kitchens (one on each level)
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,876
Businesses Nearby
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Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building operated as a multi-room rooming house with two communal kitchens and surface parking.
Where is this quadplex located?
The property is located at 1320 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Income‑producing 4‑unit building (built 1910) currently operated as an approximately 12‑bedroom rooming house in Central Los Angeles; Approximately $7,606 gross monthly income from the current rooming house setup; Two communal kitchens (one on each level)
