Property Details
About this Property
Presenting an exceptional investment opportunity in the heart of Mid City Los Angeles: two side-by-side 20-unit properties, totaling 40 studio units. Offering 15,176 SF of rentable space on a sprawling 14,281 SF lot, this property delivers a strong 5.06% current CAP rate with substantial upside potential, including a 8.63% market CAP and a 6.72 market GRM. The 34% rental upside makes this property a standout for value-add investors. Ideally situated right off Pico Blvd, it provides convenient access to the West Side and Downtown LA, ensuring high tenant demand in this central location. Don't miss this rare opportunity to acquire a prime asset in one of LA’s most central neighborhoods.
MLS Listing Information
MLS #
CRSB25011258
MLS Source
California Regional MLS
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Co-Listing Agent
Woody Stahl
License #: 01399621
Phone: (310) 425-9838
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 40 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1338 Crenshaw Bld is a Residential Income in Los Angeles, CA 90019. This – square foot property sits on a 14,281 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,350,000 and was built in 1947. This address can also be written as 1338 Crenshaw Bld, Los Angeles, CA 90019.
©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of May 20, 2025. For the most current information, please contact Brett Lyon, (310) 706-4066
