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Newly Built Apartment Building
For Sale
$3,900,000

1857 Crenshaw Blvd, Los Angeles, CA 90019

Gated, fully leased property with contemporary residences and separately metered utilities.

Property Size7,158 SF
Days on Market176

Property Features for 1857 Crenshaw Blvd

General Information

Standard status Active
Size 7,158 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 7,158 SF
Year Built 2025
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Jake Glaser · License #02128816
Source: Milsteinestates
Added: Mar 10 Changed: Aug 30 Last Checked: Aug 31 at 9:31PM

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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

Completed in 2025, this gated apartment property contains 6 units arranged among three separate structures. The front residence offers a four-bedroom, two-bathroom layout. A three-story duplex adds one four-bedroom, four-bathroom unit and one three-bedroom, three-bathroom unit. The rear building includes two four-bedroom, three-bathroom residences and a two-bedroom, three-bathroom attached ADU.

Each residence includes central heating and air conditioning, an in-unit washer and dryer, open-plan interiors, and abundant natural light. Select units have private balconies. The property includes parking for 11 vehicles, solar panels, and separate gas, electric, and water metering, with shared rear-building water billed back to tenants. It is fully leased to market-rate tenants and carries a 5.57% Day 1 cap rate. The property is identified as Non-RSO and is located along Crenshaw Boulevard near the 10 Freeway, with access to Downtown Los Angeles, Koreatown, Culver City, and Hollywood.

Key Highlights

  • 6‑unit multifamily property completed in 2025
  • Three separate structures with layouts ranging from 2‑bedroom to 4‑bedroom residences
  • Fully leased to market‑rate tenants with a 5.57% Day 1 cap rate

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,638
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated, fully leased property with contemporary residences and separately metered utilities.
Where is this apartment building located?
The property is located at 1857 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 6‑unit multifamily property completed in 2025; Three separate structures with layouts ranging from 2‑bedroom to 4‑bedroom residences; Fully leased to market‑rate tenants with a 5.57% Day 1 cap rate
More about this property
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