2104 Crenshaw Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 0 bed, 0 bath
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Los Angeles, California 90016
This Renovated Income-Producing Duplex is a High-Potential Investment Opportunity listed at $1,425,000—positioned well below the $1,450,000 Fair Market Value by 1%. This valuation gap offers $25,000 in Instant Equity. Boasting a Condition Rating of 2 after an extensive high-quality renovation, the property features quartz countertops, shaker cabinetry, and in-unit laundry. The massive 7,646 sq ft LAR3 lot provides rare development potential for up to 9 units. Centrally located near USC and DTLA, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Property is new construction or fully renovated.
Although originally built in 1910, the property has undergone an extensive and high-quality recent renovation. The interior features modern shaker-style cabinetry, quartz countertops with a marble-style finish, and stainless steel appliances in the kitchen. The bathrooms are updated with contemporary vanities and designer tile work. With new flooring, recessed lighting, crown molding, and updated fixtures throughout, the property meets current quality standards with no visible deferred maintenance.
The property is situated on a large 7,646 sq ft lot with LAR3 zoning, providing a rare opportunity to potentially develop up to 9 units in a high-demand urban corridor.
Comprised of two spacious 3-bedroom, 2-bathroom units, the property is perfectly configured for high-yield rental income or an owner-user looking to house-hack.
Positioned near DTLA, Koreatown, USC, and the 10 Freeway, the location offers excellent connectivity and appeals to a diverse and robust tenant pool.
Built in 1910, the property may require ongoing maintenance or significant capital improvements to aging systems common with vintage buildings.
Being located directly on Crenshaw Boulevard exposes the property to higher noise levels and traffic congestion, which may deter some long-term residential tenants.
The presence of an existing tenant in the lower unit may limit a buyer's ability to immediately renovate or adjust the entire property to current market rental rates.
Rare Duplex in the City of Angels – LAR3 Zoning – Ideal for Investors or Owner-Users Opportunity knocks with this well-maintained duplex located near the 10 Fwy and central to all regions of Los Angeles. Featuring a total of 6 bedrooms and 4 bathrooms across two spacious units, this income-producing property offers flexibility, upside, and development potential. Sitting on a large 7,646 sq ft LAR3 lot, this property presents a potential future development opportunity of up to 9 units (buyer to verify). In addition, the deep lot provides off-street parking, a very generous backyard, great natural lighting and functional flow. Highlights: Approx. 2,780 sq ft building on a 7,646 sq ft lot. LAR3 zoning – ideal for multifamily development. Strong rental upside in a high-demand area. Centrally located near DTLA, Koreatown, USC, and major freeways Close to schools, public transportation, and new development projects. Whether you're an investor seeking cash flow and appreciation, or an owner-occupant looking to live in one unit while renting the other, this property offers the ideal setup in one of LA’s most dynamic neighborhoods. The lower unit (3 bedroom 2 bath) has an excellent tenant that utilizes the rear parking. The upper unit (3 bedroom 2 bath) is perfect for a new owner to live in while collecting rental income from the lower unit, or to rent out at current market rents. Available gated front parking. Each unit is equipped with in-unit laundry.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,780 | 3,746 | 50% |
| Lot Size | 7,646 | 6,377.5 | 88% |
| Price | $1.43M | $1.26M | 50% |
| Price per sq ft | $513 | $441 | 75% |
| Built year | 1910 | 1936 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 156 | 13% |
Mar 11, 2026
$1,425,000
$1,450,000
-2% Price Drop
Initial Listing
Feb 10, 2026
$1,450,000
Initial Listing
Sep 19, 2022
$1,500,000
Public Record
Jun 7, 2021
$980,000
Public Record
Jun 12, 2006
$850,000
Public Record
Aug 6, 2003
$270,000
Public Record