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Vacant 4-Unit Residential Income Property
For Sale
$1,995,000

727 Crenshaw, Los Angeles, CA 90005

Four-unit rental is delivered fully vacant, featuring a front 5-bedroom home plus two 1-bedroom units and a studio.

Property Size4,138 SF
Days on Market51

Property Features for 727 Crenshaw

General Information

Standard status Active
Size 4,138 SF
Property subtype Quadruplex

Additional Details

Fenced Yard Yes
Multifamily Units 4

Amenities

private garages
gated parking
mature landscaping
multiple outdoor areas

Building Details

Building Size 4,138 SF
Year Built 1924
Tenancy Multi
Listing Agency: New Star Realty & Investment
Listed By: Steve Chung · License #02126775
Source: Truthrealty
Added: Jul 19 Changed: Sep 6 Last Checked: Sep 7 at 8:33AM

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 New Star Realty & Investment

Investment Insights

Based on property information with market context.

This fully vacant 4-unit residential income property is delivered with all units available for immediate leasing. The front building features a spacious 5-bedroom residence plus den, with a large kitchen, formal dining room, expansive living areas, a laundry room, and dual staircases. The rear includes two updated 1-bedroom units and a studio, providing multiple rental configurations under one roof.

Set on a gated lot with mature landscaping and multiple outdoor areas, the property also includes private garages and ample gated parking. It’s positioned in central Los Angeles, just minutes from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood.

The existing unit mix and on-site parking/garage space support a variety of leasing strategies, including the possibility of a buyer verifying an ADU conversion opportunity related to the garages.

Key Highlights

  • 4‑unit rental delivered fully vacant (not rented) for immediate leasing and income generation
  • Front residence offers 5 bedrooms plus den with large kitchen, formal dining room, expansive living areas, laundry room, and dual staircases
  • Rear units include two updated 1‑bedroom units plus a studio

Property Analytics

Current Use

Farmers Insurance - Joanne ... Insurance Agency Law Offices Of David ... Law Firm IMI educational consulting, ... Training Center Sunny Painting Painting Service

Suggested Use

Top Pick Veterinary Clinic Grocery & Convenience Store Carpet & Flooring Store Locksmith Tanning Salon (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

4
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four-unit rental is delivered fully vacant, featuring a front 5-bedroom home plus two 1-bedroom units and a studio.
Where is this quadplex located?
The property is located at 727 Crenshaw Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 4‑unit rental delivered fully vacant (not rented) for immediate leasing and income generation; Front residence offers 5 bedrooms plus den with large kitchen, formal dining room, expansive living areas, laundry room, and dual staircases; Rear units include two updated 1‑bedroom units plus a studio
More about this property
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