701 Crenshaw Boulevard Los Angeles, CA 90005

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701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous value add opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of Four large 3/2 units that have been split into (4) 2/1 units and (4) separate studio size units that are currently being used as furnished rentals. 6 out of the 8 current units have been lightly remodeled and will be delivered vacant at close of escrow. There are total 6 garage parking spaces in the rear with a legal storage room above that is ready to be converted into an ADU as an additional rental unit. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the future Crenshaw/Wilshire Metro Purple Line Extension development. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. VERY LOW PRICE/SF!