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Townhome-Style Multifamily Building
For Sale
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2129 Crenshaw Boulevard, Los Angeles, CA 90016

Built in 1992, this eight-unit complex includes 15 parking stalls in a gated garage and is not subject to LA RSO.

Property Size9,520 SF
Price / SF$233.72
Days on Market52

Property Features for 2129 Crenshaw Boulevard

General Information

Standard status Active
Size 9,520 SF
Total Parking Spaces 15
Property subtype Multifamily
Occupancy 100%
Investment Type Value Add
Net Operating Income $128,710

Additional Details

Multifamily Units 8

Building Details

Year Built 1992
Units 8
Tenancy Multi
Listing Agency: Kidder Mathews Los Angeles West
Listed By: Austin Mudd · License #02101587
Source: Crexi
Added: Jul 14 Changed: Aug 31 Last Checked: Sep 2 at 8:08AM

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 Kidder Mathews Los Angeles West

Investment Insights

Based on property information with market context.

Built in 1992, this townhome-style multifamily property offers eight residential units designed in a townhome configuration. The building also includes 15 parking stalls in a gated garage, providing covered, controlled parking for residents.

The property is located at 2129 Crenshaw Boulevard in Los Angeles, CA. Public remarks indicate the building is not subject to the Los Angeles Rent Stabilization Ordinance (RSO).

Offered for sale, this small, townhome-style setup is centered on a straightforward unit count and on-site parking capacity within the gated garage.

Key Highlights

  • Built in 1992
  • Eight townhome‑style units
  • Not subject to Los Angeles RSO (Rent Stabilization Ordinance)

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
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 - Built in 1992, this eight-unit complex includes 15 parking stalls in a gated garage and is not subject to LA RSO.
Where is this apartment building located?
The property is located at 2129 Crenshaw Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Built in 1992; Eight townhome‑style units; Not subject to Los Angeles RSO (Rent Stabilization Ordinance)
(310) 492-8402 Call to check price and availability
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