727 Crenshaw
Los Angeles, CA 90005
Listing broker / agent: New Star Realty & Investment · Steve Chung · 323-895-8977 · CRMLS
MLS # SB26157342 · Last checked Nov 15, 2026 00:59 UTC
About this property
Fantastic opportunity to acquire a FULLY Not Rented 4-unit rental property in Wilshire Park, primed for immediate income generation and value-add potential. With many system upgrades and updated units, this property will be delivered 100% vacant, allowing for investors to lease at current market rents from day one - maximizing cash flow without tenant restrictions. Also presents a unique option to live in the main house, and receive passive income to help pay down your mortgage! The front building features a spacious 5-bedroom + den residence, ideal for a high-income rental, owner-user, co-living model, or live/work use. Its flexible layout includes a large kitchen, formal dining room, expansive living areas, laundry room, and dual staircases offering multiple income strategies. In the rear, two updated 1-bedroom units plus a studio provide additional revenue streams with strong market rent potential. The property also includes private garages (potential ADU conversion, buyer to verify) and ample gated parking further enhancing income possibilities. Situated on a gated lot with mature landscaping and multiple outdoor areas, the property offers added tenant appeal and long-term development upside. A turnkey opportunity for investors seeking a centrally located asset with immediate leasing potential, strong rental fundamentals, and multiple paths to increase value. Strategically located in the heart of Los Angeles, just minutes from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, the property benefits from consistently strong rental demand and proximity to major employment, dining, and lifestyle hubs.
Property details
- MLS number
- SB26157342
- Status
- Active
- Type
- Residential Income
- Subtype
- Quadruplex
- Lot size
- 0.1722 acres
- Reported private pool
- No
- Year built
- 1924
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 118
Building
- Year built
- 1924
- Year built source
- Public Records
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
Rooms & interior
- Appliances
- Dryer
- Heating
- Central
- Cooling
- Central Air
Exterior & parking
- Total parking spaces
- 10
- Garage spaces
- 4
- Parking
- Controlled Entrance, Electric Gate
- Pool
- None
- Lot features
- Two To Five Units Acre
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Park, Storm Drains, Street Lights, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Ask about this listing
Ask about the price, layout, parking, or another reported property detail.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Bennett/Kew Leadership Academy of Excellence (school website, opens in a new tab) Inglewood Unified · Inglewood | Not reported | 0.4 mi |
| Environmental Charter Middle - Inglewood (school website, opens in a new tab) Los Angeles County Office of Education · Inglewood | 6–8 | 0.5 mi |
| Cimarron Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Hawthorne | K–5 | 0.6 mi |
| Century Park Elementary (school website, opens in a new tab) Los Angeles Unified · Inglewood | K–5 | 0.7 mi |
| Woodworth-Monroe Academy (school website, opens in a new tab) Inglewood Unified · Inglewood | K–8 | 0.7 mi |
| Inglewood High (school website, opens in a new tab) Inglewood Unified · Inglewood | 9–12 | 0.9 mi |
| Animo South Los Angeles Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 1.1 mi |
| York Hawthorne · Hawthorne | K–5 | 1.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,899,999
- MLS-reported original asking price
- $2,150,000
- MLS-reported previous asking price
- $1,995,000
- MLS-reported last price change
- 2026-10-14 04:51 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 14, 2026 12:01 | $1,899,999 |
| Oct 2, 2026 05:37 | $1,995,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
670 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-15 01:13 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗