1522 Crenshaw Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 2 bath
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Los Angeles, California 90019
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $999,476 Fair Market Value by -20%. Featuring a 3,026 sqft layout with a duplex and ADU, this asset offers significant rental income potential. Given its Condition Rating of 5, the property requires a comprehensive rehab to modernize its 1912 infrastructure. While local school ratings are modest, the central location near Koreatown provides strong tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Investment opportunity in Los Angeles. 3,026 sqft duplex with ADU near Koreatown. Value-add property with significant rental potential. Ideal for investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1522 Crenshaw Boulevard Subject | $1,200,000* List Price | 3 | 2 | 3,026 | $330 | - |
A 1417 S Norton Avenue Sold | $900,000 | 5 | 2 | 2,230 | $404 | 0.2 mi |
B 1621 5th Avenue Active | $989,000 List Price | 4 | 2 | 2,372 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912 and explicitly described as needing work, the property features significantly dated interior finishes including linoleum flooring and fluorescent lighting. The age and visible condition suggest the need for a comprehensive rehab of the kitchen, bathrooms, and likely the major systems to meet modern standards.
The property includes a duplex and an ADU behind the main residence, providing a rare opportunity for significant rental income or multi-generational living in a dense urban market.
Ideally situated near Koreatown and Downtown Los Angeles with immediate freeway access, offering residents excellent connectivity to major employment hubs and cultural amenities.
Boasting over 3,000 square feet of living space on a generous 7,074 square foot lot, the property offers a significant scale that is uncommon for the area.
Built in 1912 and explicitly noted as needing work, the property will likely require a substantial capital investment for structural, cosmetic, and system upgrades.
The majority of the local assigned schools have low performance ratings, which may limit the property's appeal to families prioritizing high-quality public education.
Very convenient location near Koreatown. Freeway access is easy, and downtown is located close to it. Duplex and ADU are behind. Need some work.
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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,026 | 1,807 | 91% |
| Lot Size | 7,074 | 6,207.5 | 80% |
| Price | $1.20M | $1.31M | 42% |
| Price per sq ft | $397 | $766 | 5% |
| Built year | 1912 | 1928 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 150 | 3% |
May 19, 2026
$1,200,000
Initial Listing