701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous value add opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of Four large 3/2 units that have been split into (4) 2/1 units and (4) separate studio size units that are currently being used as furnished rentals. 6 out of the 8 current units have been lightly remodeled and will be delivered vacant at close of escrow. There are total 6 garage parking spaces in the rear with a legal storage room above that is ready to be converted into an ADU as an additional rental unit. 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. 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.
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
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: 6/10/2024, 7:20:52 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
DATE
EVENT
PRICE
Jan 10, 2020
Jan 10, 2020Home Sold
$1,400,000
Aug 29, 2018
Aug 29, 2018Home Sold
$1,330,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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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
8
/10
Wilshire Park Elementary School
4063 Ingraham St
Distance between this listing and this school0.20 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.18 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.52 miles
Public Magnet Grades 1-5
Middle School
6
/10
John Burroughs Middle School
600 S Mccadden Pl
Distance between this listing and this school0.95 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.65 miles
Public District Grades 6-8
High School
3
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school0.83 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school6.39 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.77 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Wilshire Park Elementary School
4063 Ingraham St
Distance between this listing and this school0.20 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.18 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.52 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
John Burroughs Middle School
600 S Mccadden Pl
Distance between this listing and this school0.95 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.65 miles
Public District Grades 6-8
Nearby Schools
5
/10
Camino Nuevo Academy #2
635 S Harvard Blvd
Distance between this listing and this school0.90 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school0.83 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school6.39 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.77 miles
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 most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 701 Crenshaw Blvd
What is the listing price of this property?
The listing price of 701 Crenshaw Blvd property is $2,150,000.
What type of property is this?
The property 701 Crenshaw Blvd is a condo located in Los Angeles, California, 90005.
Is this property for sale now?
Active Listing: 701 Crenshaw Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 701 Crenshaw Blvd are: Wilshire Park Elementary School: GreatSchools Rating 8/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10John Burroughs Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10Los Angeles Senior High School: GreatSchools Rating 3/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $23,729 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 10, 2020 for $1,400,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 701 Crenshaw Blvd is 1939.
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 May 2024 more than 766 listings in Los Angeles, CA were sold above the asking price. During the same period more than 198 listings were sold at asking price, while more than 625 were sold below. The number of homes for sale in Los Angeles, CA increased by 15.4% between April 2024 and May 2024. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.
From Rocket Homes Real Estate and based on county public records data.