13 days on rocket

701 Crenshaw Blvd, Los Angeles, CA, 90005

$2,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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701 Crenshaw Blvd, Los Angeles$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Garage
Garage6 spaces
Year Built1939
HeatingWall Furnace
CoolingOther, Wall/Window Unit(s)
FireplaceDecorative, Living Room
ViewNone
MLS #OC24060776
Lot Size0.17 Acres
StatusActive

About 701 Crenshaw Blvd

701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized 4 Unit apartment offers a tremendous value add opportunity for an experienced investor or owner occupier in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of (2) 2 Bed/1 Bath units in the back and (2) extremely large Vacant units in the front that have been split into two bedroom & studio units that can be used as short & long term rentals. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the future Crenshaw/Wilshire Metro Purple Line Extension development. There are total 6 garage parking spaces plus 2 uncovered spaces with a legal storage room above the rear that is ready to be converted into one or more ADU’s. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. VERY LOW PRICE/SF!

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 2

Listing Office:

  • Office Name: Nohco Real Estate
  • Office Phone: (949) 308-5775
  • Listing Agent: Brian Noh

Interior Features

Interior Information:

  • Appliances: Stove, Disposal, Refrigerator, Water Heater
  • Flooring Type: Laminate, Tile
  • Interior: Crown Molding, Bedroom on Main Level
  • Fireplace: Decorative, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Other, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Los Angeles Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Burroughs Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Wilshire Park Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Near corner of Wilshire Blvd & Crenshaw Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000

Tax Information:

  • Annual Amount: $23,729
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

701 Crenshaw Blvd vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$2,150,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24060776

Listing Office:

  • Office Name: Nohco Real Estate
  • Office Phone: (949) 308-5775
  • Listing Agent: Brian Noh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 10, 2020Home Sold
$1,400,000
Aug 29, 2018Home Sold
$1,330,000

Tax History

YEARPROP. TAXASSESSMENT
2021$23,729$1,919,683
2020$16,873$1,356,600
2019$5,658$1,330,000
2018$5,514$378,742
2017$5,514$371,317

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4336995
8
/10

  • Wilshire Park Elementary School

  • 4063 Ingraham St

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-4336996
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.18 miles

  • Public Magnet Grades KG-6

school-card-donut-4336997
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.52 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4336998
6
/10

  • John Burroughs Middle School

  • 600 S Mccadden Pl

  • 0.95 miles

  • Public Magnet Grades 6-8

school-card-donut-4336999
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.65 miles

  • Public District Grades 6-8

High School

school-card-donut-4337000
3
/10

  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 0.83 miles

  • Public Magnet Grades 9-12

school-card-donut-4337001
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.39 miles

  • Public Magnet Grades 9-12

school-card-donut-4337002
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.77 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,826. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90005›701 Crenshaw Blvd

This home is located at 701 Crenshaw Blvd in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. This home, which was built in 1939, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $2,150,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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