732 N Crescent Heights Boulevard, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 3 bath

732 N Crescent Heights Boulevard, Los Angeles, California 90046 home-pic-0
ACTIVE$1,999,999
732 N Crescent Heights Boulevard, Los Angeles, California 90046
5Beds
3Baths
2,488Sqft
6,551Lot
Year Built
1925
Close
-
List price
$2M
Original List price
$3M
Price/Sqft
$804
HOA
-
Days on market
-
Sold On
-
MLS number
SR25077789
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(40th), sqft - 2488(57th), beds - 5(86th), baths - 3(50th).

Now priced at $1,999,999 and delivered vacant!— an incredible value for a fully permitted duplex in prime Los Angeles! Don’t miss this extraordinary opportunity at 732 & 734 N. Crescent Heights Blvd, located just moments from Beverly Hills, The Grove, and Melrose. This timeless Spanish-style property features two legal addresses and offers the perfect blend of classic charm, modern comfort, and exceptional investment potential. Front Residence (732 N. Crescent Heights): 3 spacious bedrooms, 2 bathrooms, original hardwood floors, arched doorways, sunlit living and dining areas, a chef’s kitchen with premium appliances, and a gated front yard surrounded by mature landscaping. Rear Residence (734 N. Crescent Heights): 2 bedrooms, 1 bathroom, private entrance and fenced yard, dedicated laundry, and 3 car garage — ideal for rental income, extended family, or a live/work setup. With a Walk Score of 92, this property is steps from Beverly Grove’s top dining, shopping, and entertainment. At this aggressive new price, this is truly one of the best duplex values in the Beverly Grove / Beverly Hills–adjacent corridor. Whether you’re an owner-user, investor, or developer, opportunities like this are rare — and this one is priced to sell fast.

Price History

Date
Event
Price
10/06/25
Price Change
$1,999,999-11.1%
09/20/25
Price Change
$2,250,000-9.9%
09/19/25
Price Change
$2,498,000-0.0%
09/03/25
Price Change
$2,499,000-3.8%
08/02/25
$2,599,000
05/03/25
$2,999,000
09/16/19
Sold
$2,400,000
03/14/19
Sold
$2,000,000
11/22/16
Sold
$1,750,000
12/12/13
Sold
$1,360,013
11/26/03
Sold
$750,000
Condition Rating
Fair

Built in 1925, this property features a mix of original charm and updated elements. The kitchen boasts stainless steel appliances, subway tile backsplash, and dark wood cabinetry, appearing functional and well-maintained, though the style leans traditional rather than cutting-edge modern. The bathrooms, while clean and functional, feature rustic vanities, specific tile patterns, and older-style light fixtures that are stylistically dated. Original hardwood floors are present and appear to be in good condition. Overall, the property is maintained and move-in ready, but the aesthetic of the renovations, particularly in the bathrooms, suggests they were done 15-20+ years ago, requiring minor updates for a contemporary feel.
Pros & Cons

Pros

Prime Location & High Walkability: Situated in a highly desirable area 'just moments from Beverly Hills, The Grove, and Melrose,' boasting an excellent 'Walk Score of 92' for convenient access to dining, shopping, and entertainment.
Income-Generating Duplex with Versatility: A 'fully permitted duplex' with 'two legal addresses,' offering significant potential for rental income, accommodating extended family, or a live/work setup, and 'delivered vacant' for immediate use.
Significant Price Reduction & Value Proposition: The property has seen a substantial price drop from an original $2.999M to $1.999M, positioning it as an 'incredible value' and 'aggressively priced to sell fast' in a prime corridor.
Classic Spanish Charm with Modern Amenities: Features 'timeless Spanish-style' architecture with 'original hardwood floors' and 'arched doorways,' complemented by a 'chef’s kitchen with premium appliances' in the front unit.
Desirable Private Outdoor Spaces & Parking: Includes a 'gated front yard surrounded by mature landscaping' for the front unit, a 'private entrance and fenced yard' for the rear unit, and a '3 car garage,' enhancing privacy and utility.

Cons

Extensive Price Reduction History: Multiple, significant price drops from the original listing price of $2.999M to the current $1.999M may raise questions about initial overpricing, market resistance, or potential undisclosed issues.
Age of Property & Potential for System Updates: Built in 1925, the property, despite its charm, is nearly a century old, which often implies a need for ongoing maintenance, potential updates to major systems (plumbing, electrical, HVAC), and adherence to current building codes.
Lack of View & Unspecified Cooling System: The property explicitly states 'view: None,' which can be a drawback in a competitive market. Additionally, the description does not mention a cooling system (e.g., central AC), which is a crucial amenity in Los Angeles' climate.

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