# 702 Crenshaw Blvd, Los Angeles, CA 90005 > **TL;DR:** 11bd/5ba residential multi family, $1,495,000 ($556/sqft), built 1920, 2,691 sqft. > A/C. Est. $7,996/mo. Listed 36 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,495,000 | | Price/sqft | $556 | | Bedrooms | 11 | | Bathrooms | 5 full | | Square Feet | 2,691 | | Year Built | 1920 | | Lot Size | 10,489 sqft (0.24 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 36 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,560 | | Estimated Insurance | $436 | | **Total** | **$7,996** | ## Key Amenities - A/C ## Property Highlights - Built in 1920 - 0.24 acre lot - 2 stories - 20 parking spaces ## Description ### Agent Description We are pleased to present 702 Crenshaw Boulevard, a fully renovated investment and development opportunity delivered 100% vacant, fully furnished, and ready for immediate occupancy. The approximately 2,691-square-foot residence features 10 bedrooms and 5 full bathrooms, making it an excellent candidate for a sober-living facility, co-living operation, supportive or transitional housing, or a room-by-room rental strategy, subject to applicable licensing and governmental requirements. Private rooms in the surrounding area are renting for approximately $1,500 per month. At full occupancy, the property has the potential to generate approximately $15,000 in gross monthly rental income, or $180,000 annually. Its high bedroom count, multiple bathrooms, oversized kitchen, and furnished condition allow an investor or operator to begin leasing with minimal additional setup. The residence has benefited from more than $300,000 in improvements, including vinyl plank flooring, dual-pane windows, central air conditioning, upgraded electrical, copper plumbing, quartz countertops, custom cabinetry, renovated bathrooms, and an oversized kitchen equipped with multiple refrigerators. The bedrooms, bathrooms, living room, kitchen, and outdoor areas are fully furnished. Situated on an oversized approximately 10,500-square-foot LAR3-zoned lot, the property offers significant underlying land value and multiple long-term development possibilities. An investor may elect to operate the existing 10-bedroom residence, explore the addition of ADUs or supplemental units, or pursue a larger ground-up multifamily development. Offered at a 9.25% cap rate and 8.3x GRM, 702 Crenshaw Boulevard represents a compelling investment opportunity. The combination of the large lot, multifamily zoning, existing improvements, and flexible building layout provides an opportunity to generate immediate rental income while evaluating a future development strategy. The iIdeally located just south of Wilshire Boulevard near Hancock Park, Koreatown, Larchmont Village, Windsor Square, and Miracle Mile, the property offers convenient access to dining, shopping, cultural attractions, employment centers, public transportation, and major destinations throughout Central Los Angeles. ## Location - **Address:** 702 Crenshaw Blvd, Los Angeles, CA 90005 - **County:** Los Angeles - **Coordinates:** 34.060544, -118.319351 - **Google Maps:** https://www.google.com/maps?q=34.060544,-118.319351 ## Listing Agent - **Name:** Davis Saadian · **License:** 01921748 - **Brokerage:** Keller Williams Realty Hollywood Hills - **Broker Phone:** (310) 623-1300 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/702-Crenshaw-Blvd_Los-Angeles_CA_90005_M22422-84289?f=listhub&s=CLAWCA&m=26991251&c=propsimple) ## Photos ![702 Crenshaw Blvd - Photo 1](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2662356845r.jpg) ![702 Crenshaw Blvd - Photo 2](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3511534035r.jpg) ![702 Crenshaw Blvd - Photo 3](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1342756107r.jpg) ![702 Crenshaw Blvd - Photo 4](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3711243923r.jpg) ![702 Crenshaw Blvd - Photo 5](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3605030273r.jpg) ![702 Crenshaw Blvd - Photo 6](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3472925788r.jpg) ![702 Crenshaw Blvd - Photo 7](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1238445739r.jpg) ![702 Crenshaw Blvd - Photo 8](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3724970887r.jpg) ![702 Crenshaw Blvd - Photo 9](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2436020759r.jpg) ![702 Crenshaw Blvd - Photo 10](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f313790927r.jpg) ![702 Crenshaw Blvd - Photo 11](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1779534303r.jpg) ![702 Crenshaw Blvd - Photo 12](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f927657433r.jpg) ![702 Crenshaw Blvd - Photo 13](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1331164929r.jpg) ![702 Crenshaw Blvd - Photo 14](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3600757375r.jpg) ![702 Crenshaw Blvd - Photo 15](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1631047388r.jpg) ![702 Crenshaw Blvd - Photo 16](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2776848022r.jpg) ![702 Crenshaw Blvd - Photo 17](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f999790086r.jpg) ![702 Crenshaw Blvd - Photo 18](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1638010042r.jpg) ![702 Crenshaw Blvd - Photo 19](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3118818791r.jpg) ![702 Crenshaw Blvd - Photo 20](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f4132706684r.jpg) ![702 Crenshaw Blvd - Photo 21](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f961199751r.jpg) ![702 Crenshaw Blvd - Photo 22](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2765047883r.jpg) ![702 Crenshaw Blvd - Photo 23](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f4285531840r.jpg) ![702 Crenshaw Blvd - Photo 24](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1260335182r.jpg) ![702 Crenshaw Blvd - Photo 25](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2402972284r.jpg) ![702 Crenshaw Blvd - Photo 26](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f51342215r.jpg) ![702 Crenshaw Blvd - Photo 27](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f760850993r.jpg) ![702 Crenshaw Blvd - Photo 28](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2211762045r.jpg) ![702 Crenshaw Blvd - Photo 29](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3777260777r.jpg) ![702 Crenshaw Blvd - Photo 30](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f683106892r.jpg) ![702 Crenshaw Blvd - Photo 31](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2546542121r.jpg) ![702 Crenshaw Blvd - Photo 32](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3829766008r.jpg) ![702 Crenshaw Blvd - Photo 33](http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3011800112r.jpg) --- **MLS#:** 26991251 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/702-crenshaw-blvd-los-angeles-ca-90005-860933834dfd4307b2c5eae7a599defd) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/702-crenshaw-blvd-los-angeles-ca-90005-860933834dfd4307b2c5eae7a599defd#listing", "url": "https://www.propertysimple.ai/listing/702-crenshaw-blvd-los-angeles-ca-90005-860933834dfd4307b2c5eae7a599defd", "name": "702 Crenshaw Blvd, Los Angeles, CA 90005", "description": "We are pleased to present 702 Crenshaw Boulevard, a fully renovated investment and development opportunity delivered 100% vacant, fully furnished, and ready for immediate occupancy. The approximately 2,691-square-foot residence features 10 bedrooms and 5 full bathrooms, making it an excellent candidate for a sober-living facility, co-living operation, supportive or transitional housing, or a room-by-room rental strategy, subject to applicable licensing and governmental requirements. Private rooms in the surrounding area are renting for approximately $1,500 per month. At full occupancy, the property has the potential to generate approximately $15,000 in gross monthly rental income, or $180,000 annually. Its high bedroom count, multiple bathrooms, oversized kitchen, and furnished condition allow an investor or operator to begin leasing with minimal additional setup. The residence has benefited from more than $300,000 in improvements, including vinyl plank flooring, dual-pane windows, central air conditioning, upgraded electrical, copper plumbing, quartz countertops, custom cabinetry, renovated bathrooms, and an oversized kitchen equipped with multiple refrigerators. The bedrooms, bathrooms, living room, kitchen, and outdoor areas are fully furnished. Situated on an oversized approximately 10,500-square-foot LAR3-zoned lot, the property offers significant underlying land value and multiple long-term development possibilities. An investor may elect to operate the existing 10-bedroom residence, explore the addition of ADUs or supplemental units, or pursue a larger ground-up multifamily development. Offered at a 9.25% cap rate and 8.3x GRM, 702 Crenshaw Boulevard represents a compelling investment opportunity. The combination of the large lot, multifamily zoning, existing improvements, and flexible building layout provides an opportunity to generate immediate rental income while evaluating a future development strategy. The iIdeally located just south of Wilshire Boulevard near Hancock Park, Koreatown, Larchmont Village, Windsor Square, and Miracle Mile, the property offers convenient access to dining, shopping, cultural attractions, employment centers, public transportation, and major destinations throughout Central Los Angeles.", "image": [ "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f2662356845r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3511534035r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1342756107r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3711243923r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3605030273r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3472925788r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f1238445739r.jpg", "http://lh.rdcpix.com/40a71c7d706009f7abdf0308294166e0l-f3724970887r.jpg", 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