7801 Crenshaw Boulevard
Los Angeles, CA 90043
- – beds
- – baths
- – sqft
- 5,023 sqft lot
- 1965 build
- – on site
Offered at $845,000, 7801 S. Crenshaw is a character-rich, mid-century A-frame four-plex fronting the rapidly transforming Crenshaw Corridorjust one block to Metro rapid bus service, 0.6 mi to the K-Line's Hyde Park station and minutes to SoFi Stadium, the Kia Forum, LAX and West Adams. Four spacious 1 Bd/1 Ba units currently leased as a mix of salons and offices (three at $1,295 and one at $1,800) generate $68,220 in scheduled rent and $29,390 NOI for a 3.5 % cap and 12.4 GRM today, with immediate upside as below-market leases roll. The 5,023 SF C2-1VL corner lot is Tier-2 TOC, unlocking a 40 % density bonus, parking reductions and up to 17 units/1.95 FAR for a future three-story mixed-use or pure multifamily build (buyer to verify). Two roll-up garages offer ADU or EV-parking potential; separately metered power, modest utilities (48 % expense ratio) and proactive maintenance including seismic gas-shutoff valves protect cash flow. At $211k per door / $503 psf of existing improvements and a sub-$50 psf dirt basis, this is a rare chance to bank entitled land, hold for appreciation, or redevelop in one of L.A.'s most dynamic submarkets. Delivering cash flow today and blueprint value tomorrow.
Last checked:
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Last updated Apr 25, 2025
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MLS# 25530171 —
The Building
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Year Built:1965
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New Construction:No
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Building Area Total:1680.00
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Total Number Of Units:4
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# of Buildings:2
Interior
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Levels:One
Location
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Directions:https://maps.app.goo.gl/xAtwkfFAHaKjSStc6
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Latitude:33.96896600
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Longitude:-118.33120000
The Property
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Property Type:Residential Income
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Zoning:LAC2
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Lot Size Area:5023.0000
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Lot Size Acres:0.1153
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Lot Size SqFt:5023.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4012023005
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/24/25
Apr 24, 2025
|
Listed / Active | CRMLS_CA | $845,000 |
