$1,399,999
Ideally situated at 826 Crenshaw Blvd, this versatile property delivers the best of both worlds - move in and enjoy it as a comfortable single-family residence, or unlock its investment potential with R-3 zoning that opens the door to multi-unit development. Nestled at the crossroads of some of LA's most coveted communities, 826 Crenshaw places you moments from the vibrant energy of Koreatown, the tree-lined estates of Hancock Park, and the cultural corridor of Mid-Wilshire. Dining, culture, and some of LA's most established neighborhoods are all within easy reach. For developers and investors, the R-3 zoning allows for multiple residential units on a single lot meaning this property has the possibility to support a small apartment building, townhomes, or a mixed-use development strategy. Add to that a central Crenshaw address flanked by Hancock Park and Koreatown two neighborhoods with consistently strong rental demand and the case for development speaks for itself. Whether you build to rent or build to sell, the location does the heavy lifting. The property is also ideally positioned for transit-oriented living, with the Wilshire/Western Metro Station less than a mile away a feature that adds real value for future tenants and buyers alike, and one that only strengthens the long-term investment. If you've been looking for a property with immediate utility and serious upside, this property deserves a close look. Don't miss out and call for a private showing.
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Listed by Sonya Chun with Compass (323) 593-6999
Property Type
Single Family Residence
Status
Active
MLS Number
26830311
Year Built
1920
Lot Size
7,157 sq ft