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Furnished Multifamily Property
New
For Sale
$1,495,000

702 Crenshaw Blvd, Los Angeles, CA 90005

Residential Income, Los Angeles, CA

Property Size2,691 SF
Lot Size0.24 Acres
Price / SF$555.56
Days on Market3

Property Features for 702 Crenshaw Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 8, Bedroom 10, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 7, Bedroom 1, Bedroom 11, Bedroom 6, Bathroom 3, Bathroom 5, Bedroom 2, Bedroom 9, Bedroom 3
Parking 20
Parking features Gated
Directions 702 Crenshaw Blvd | Los Angeles, CA 90005
Subdivision Hancock Park-Wilshire
Standard status Active
APN 5092-001-027
Size 2,691 SF
Lot size 0.24 Acres

Utilities

Heating system Central

Amenities

vinyl plank flooring
dual-pane windows
central air conditioning
upgraded electrical
copper plumbing
quartz countertops
custom cabinetry
renovated bathrooms
oversized kitchen with multiple refrigerators

Building Details

Year built 1920
Floors in Building 2
Number of units 10
Flooring type Vinyl, Tile
Listing Agency: Keller Williams Hollywood Hills · Keller Williams Realty
Listed By: Davis Saadian · License #01921748
Added: Sep 22 Last Checked: Sep 24 at 2:06PM
MLS# 26991251

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 702 Crenshaw Boulevard in Los Angeles, this 2,691-square-foot multifamily residence was built in 1920 and delivered vacant with furnishings throughout the living areas, bedrooms, bathrooms, kitchen, and outdoor spaces. The five-bathroom layout includes an oversized kitchen with multiple refrigerators, quartz countertops, and custom cabinetry. Renovated elements include vinyl plank flooring, dual-pane windows, central air conditioning, upgraded electrical, copper plumbing, and updated bathrooms.

The property occupies a 0.2408-acre lot with LAR3 zoning and gated parking. Its location provides access to Wilshire Boulevard, Hancock Park, Koreatown, Larchmont Village, Windsor Square, Miracle Mile, public transportation, employment centers, dining, and shopping. The existing residence can support residential income use, while the zoning and lot size may allow evaluation of ADUs, supplemental units, or other multifamily development, subject to applicable requirements.

Key Highlights

  • 2,691‑square‑foot residence on a 0.2408‑acre LAR3‑zoned lot
  • Delivered 100% vacant and fully furnished
  • Five full bathrooms and an oversized kitchen with multiple refrigerators

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Tanning Salon

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,759
Businesses Nearby

Demographics for 90005, CA

37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Vacant, furnished residence with renovated interiors, central air conditioning, an oversized kitchen, and gated parking.
Where is this multifamily property located?
The property is located at 702 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 2,691‑square‑foot residence on a 0.2408‑acre LAR3‑zoned lot; Delivered 100% vacant and fully furnished; Five full bathrooms and an oversized kitchen with multiple refrigerators
More about this property
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