1189 Crenshaw Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 8 bed, 8 bath

1189 Crenshaw Boulevard, Los Angeles, California 90019 home-pic-0
ACTIVE$2,099,900
1189 Crenshaw Boulevard, Los Angeles, California 90019
8Beds
8Baths
2,929Sqft
6,934Lot
Year Built
1922
Close
-
List price
$2.1M
Original List price
$2.5M
Price/Sqft
$717
HOA
-
Days on market
-
Sold On
-
MLS number
CV25264838
Home ConditionExcellent
Features
Patio
View-

About this home

We found 5 Cons,5 Pros. Rank: price - $2.10M(69th), sqft - 2929(46th), beds - 8(85th), baths - 8(92th).

Turnkey and fully renovated 4-unit property totaling 4,087 sq ft with 8 bedrooms and 7.5 baths across two buildings. The rear structure offers two 916 sq ft 2-bed/2-bath units, both updated throughout with modern finishes, while the front building includes a 1,205 sq ft 2-bed/2-bath first-floor unit and a 1,050 sq ft 2-bed/1.5-bath second-floor unit, each thoughtfully redesigned for today’s living. Every unit features refreshed interiors, upgraded systems, and a clean, cohesive aesthetic that appeals to both renters and owner-users. The property also provides four off-street parking spaces located in the driveway and between the two buildings, along with a shared outdoor layout that creates a comfortable residential feel. This is a rare opportunity to acquire a fully updated, move-in-ready income property with strong rental potential, multiple investment strategies, and the added flexibility of TIC exit options for future resale value.

Price History

Date
Event
Price
11/24/25
Price Change
$2,099,900-16.0%
11/21/25
Listing
$2,499,600
02/28/25
Sold
$1,200,000
Condition Rating
Excellent

Despite being built in 1922, the MLS description explicitly states the property is 'turnkey and fully renovated' with 'modern finishes,' 'refreshed interiors,' and 'upgraded systems' across all units. The images confirm this, showcasing contemporary kitchens with new black cabinetry, white quartz countertops, modern backsplashes, and new fixtures. Bathrooms feature matching modern vanities, black hardware, and clean, updated showers. Flooring is consistent light wood-look throughout, lighting is recessed or modern pendants/fans, and mini-split AC units indicate updated cooling/heating. All components appear new or virtually new, aligning with an extensive recent renovation.
Pros & Cons

Pros

Turnkey Condition: Fully renovated with refreshed interiors and upgraded systems across all four units, offering immediate occupancy and minimal initial capital expenditure for an investor.
Multi-Unit Income Property: A 4-unit quadruplex providing diversified rental income streams and strong rental potential in a high-demand market.
Strategic Location: Situated in the desirable Mid-Wilshire area of Los Angeles, offering excellent access to amenities, employment centers, and tenant appeal.
Investment Flexibility: Offers multiple investment strategies and the unique advantage of Tenancy-in-Common (TIC) exit options, enhancing future resale potential and investor versatility.
Dedicated Parking: Four off-street parking spaces are provided, a valuable amenity in a dense urban environment like Los Angeles, increasing tenant satisfaction and property appeal.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 5.
Recently Sold Property: The property was recently sold within the past year on 2025-02-28. The sold price is $1,200,000.00.
Historic Building Age: Built in 1922, the property's century-old foundation and underlying infrastructure, despite renovations, may present long-term maintenance considerations or unforeseen structural challenges.
Recent Price Reduction: A notable price drop from the original listing price could suggest a previous overvaluation or market resistance, potentially impacting perceived value or future appreciation.
Lack of Views: The property explicitly states 'None' for views, which might be a minor detractor for some tenants or future buyers seeking specific aesthetic advantages.

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