Description
Offered at $845,000, 7801 crenshaw ave is a character-rich, mid-century a-frame four-plex zoned c2-1vl fronting the rapidly transforming crenshaw corridor just one block to metro rapid bus service, under a mile to the k-line's hyde park station and minutes to sofi stadium, the kia forum, lax and west adams. four spacious 1 bd/1 ba units currently leased as a mix of salons and offices (three at $1,295 and one at $1,800) generate $68,220 in scheduled rent and $29,390 noi for a 3.5 % cap and 12.4 grm today, with immediate upside as below-market leases roll. the 5,023-sqft c2-1vl corner lot is tier-2 toc, unlocking a 40 % density bonus, parking reductions and up to 17 units/1.95 far for a future three-story mixed-use or pure multifamily build (buyer to verify). two roll-up garages offer adu or ev-parking potential; separately metered power, modest utilities (48 % expense ratio) and proactive maintenance including seismic gas-shutoff valves protect cash flow. at $211k per door / $503/sqft of existing improvements and a sub-$50/sqft dirt basis, this is a rare chance to bank entitled land, hold for appreciation, or redevelop in one of l.a.'s most dynamic submarkets. delivering cash flow today and blueprint value tomorrow.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49517421
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 4
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 1,680
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1153
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5023
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Listing Information
Listing Price Information
- Original List Price: 845,000
- Listing Contract Date: 2025-04-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 4012023005
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PHHT - Park Hills Heights
- Postal Code Plus 4: 4916
- Directions: https://maps.app.goo.gl/xAtwkfFAHaKjSStc6
- Zoning: LAC2
- Source Property Type: Residential Income
- Area: PHHT - Park Hills Heights
Building and Construction
- Property Age: 60
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 1680
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/28/2025 @ 03:07
- MLS: 25530171
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,680 sqft, 5,023 sized lot, and 4 parking. are nearby neighborhoods.