1506 Crenshaw Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 3 bath
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Los Angeles, California 90019
This Extensively Renovated Craftsman is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,493,560 Fair Market Value by 6%. This valuation gap provides $98,560 in Instant Equity for buyers. Boasting a Like-New Condition Rating, the residence features all-new major systems, energy-efficient windows, and a modern kitchen while preserving its historic charm. The R3 Zoning and detached garage offer significant ADU Potential, complemented by a high 85 Walk Score. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1506 Crenshaw Boulevard Subject | $1,395,000* List Price | 4 | 3 | 2,427 | $575 | - |
A 4562 Lomita Sold | $1,015,000 | 3 | 2 | 1,512 | $671 | 0.6 mi |
B 1220 Crenshaw Boulevard Active | $1,390,000 List Price | 4 | 3 | 2,268 | $613 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1912 Craftsman has undergone an extensive recent renovation that meets the highest standards. All major systems are new, including the roof, 200-amp electrical panel, copper plumbing, and dual-zone HVAC. The interior features a fully modernized kitchen with stainless steel appliances and stone countertops, remodeled bathrooms with contemporary tiling and fixtures, new energy-efficient windows, and recessed lighting throughout, effectively making it a like-new home.
The property has undergone extensive renovations including a new HVAC system with dual-floor units, updated 200-amp electrical, copper plumbing, a new roof, and energy-efficient windows, blending modern reliability with classic Craftsman charm.
The high-ceiling detached garage offers excellent potential for an Accessory Dwelling Unit (ADU), and the R3 zoning provides significant long-term value for potential multi-family density or expansion.
With a high walk score of 85/100, the home is centrally located in a pedestrian-friendly neighborhood, offering convenient access to public transportation, local shops, and diverse dining options.
The assigned public schools for this address generally feature lower performance ratings, which may be a consideration for families prioritizing top-tier public education.
Being situated on Crenshaw Boulevard, a major Los Angeles thoroughfare, the property is subject to higher traffic volume and ambient street noise compared to interior residential streets.
Extensively renovated Craftsman-style single-family home located in desirable Arlington Heights. This beautifully maintained residence has been thoughtfully improved to provide modern comfort, featuring a new HVAC system with separate units serving each floor, a fully updated electrical system with a new 200-amp panel, and all-new interior plumbing with copper hot and cold water lines. Additional major improvements include a new roof, recessed lighting throughout, remodeled bathrooms, a newly constructed half-bathroom, new staircase railing, new interior doors, and energy-efficient double-pane windows, all while thoughtfully preserving its classic Craftsman character and charm. Four bedrooms are upstairs, with two bathrooms, including a Jack-and-Jill. The main floor features a well-lit, front-facing flex room that can be used as an office or a relaxing sitting room, a living room with a built-in sound system, a spacious kitchen that opens to a dining room, which connects to the sunroom through the beautiful French doors. The spacious, flexible attic space offers endless possibilities. A high-ceiling detached garage in the back provides excellent potential for an accessory dwelling unit. Ideally located in a central, walkable neighborhood with a walk score of 85/100, close to shops, dining, and public transportation. The property is zoned R3.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,427 | 1,807 | 78% |
| Lot Size | 7,091 | 6,207.5 | 80% |
| Price | $1.40M | $1.33M | 53% |
| Price per sq ft | $575 | $766 | 14% |
| Built year | 1912 | 1928 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 109 | 152 | 36% |
Mar 6, 2026
$1,395,000
$1,495,000
-7% Price Drop
Initial Listing
Feb 26, 2026
$1,495,000
Initial Listing
Jul 14, 2017
$1,150,000
Public Record
Jan 20, 2017
$850,000
Public Record