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851 Crenshaw Boulevard

Los Angeles, CA 90005

– beds
– baths
– sqft
7,508 sqft lot
1921 build
– on site

Situated in prime West Koreatown, Los Angeles, this impeccably maintained 3-unit income property presents a rare opportunity for owner-users, investors, or developers. The property includes previously completed architectural drawings for a potential 7-unit redevelopment, highlighting its strong upside potential. It features a spacious 3-bedroom, 2-bath main unit with a bonus den that lives like a single-family home—complete with a cozy fireplace, formal dining room with built-ins, a large kitchen with a service porch, and direct access to ample parking. The additional 2-bedroom, 2-bath and 1-bedroom, 1-bath units are equally well-kept, filled with natural light, and offer solid rental income. Ideally located with convenient access to transit, shops, and dining, this is a versatile property with long-term value in one of LA’s most desirable neighborhoods.

Listed By CRMLS_CA / Young Hong / New Star Realty & Investment / 213-820-0218

Last checked: Checking… • Last updated May 17, 2025 •

MLS# SR25110233 —

The Building

Year Built:

1921
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3934.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Entry Location:

1
Fireplace:

Yes
Fireplace:

See Remarks
Laundry:

Inside
Laundry:

1

Location

Directions:

between 8th St & Olympic Bl
Latitude:

34.05786900
Longitude:

-118.32160100

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LAR3
Lot Features:

Rectangular Lot
Lot Size Area:

7508.0000
Lot Size Acres:

0.1724
Lot Size SqFt:

7508.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

14
Tax Census Tract:

2127.02
Tax Tract:

212...
Tax Lot:

6

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5090033010

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

8.00
Garage Spaces:

2.00
Uncovered Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/16/25 May 16, 2025	Listed / Active	CRMLS_CA	$1,990,000

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This multifamily located in Central LA, Los Angeles, CA 90005 is currently for sale for $1,990,000. 851 Crenshaw Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 851 Crenshaw Boulevard is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 79, making it very walkable. This multifamily is in the attendance area of Wilton Place Elementary School, Los Angeles Senior High, and John Burroughs Middle School.

Listing Courtesy of: CRMLS_CA and New Star Realty & Investment. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on May 17.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.