826 Crenshaw Boulevard, Los Angeles, California 90005, Los Angeles, 90005 - 5 bed, 4 bath
Loading property details...
Los Angeles, California 90005
This property presents a Strong Value Opportunity with a List Price of $1,299,999—positioned well below the $1,442,607 Fair Market Value by 9%. This valuation gap offers $142,608 in Instant Equity. Featuring a Fair Condition Rating, the home offers a 7,159 sqft R-3 zoned lot with significant development potential. The detached garage with bonus studio space adds functional versatility. This is an ideal acquisition for Buy-and-Hold Investors or Developers seeking long-term growth in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 826 Crenshaw Boulevard Subject | $1,299,999* List Price | 5 | 4 | 2,404 | $600 | - |
A 717 S Bronson Avenue Sold | $1,480,000 | 4 | 2 | 2,706 | $547 | 0.1 mi |
B 738 S Norton Avenue Sold | $1,200,000 | 3 | 3 | 2,030 | $591 | 0.2 mi |
C 849 3rd Avenue Sold | $1,335,000 | 4 | 3 | 2,036 | $656 | 0.2 mi |
D 800 S Bronson Avenue Sold | $1,605,000 | 5 | 4 | 3,319 | $484 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, the property is functional but dated. Interior images show older laminate flooring and fixtures consistent with a renovation older than 15-20 years. While the home is move-in ready, the kitchen and bathrooms lack modern updates, and the description's focus on R-3 zoning and development potential suggests the structure is nearing the end of its current lifecycle without a major overhaul.
The property is situated on a generous 7,159 sqft R-3 zoned lot, offering significant upside for investors or developers looking to capitalize on high-density residential opportunities in a prime Los Angeles location.
Beyond the main 2,404 sqft residence, the detached two-car garage includes an additional bonus area perfect for a creative studio, home office, or gym, providing highly sought-after flexibility.
Located at the intersection of Hancock Park, Koreatown, and Mid-City, the home offers exceptional proximity to world-class dining, shopping, and major commuter routes, ensuring long-term desirability.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1920, the property likely requires significant updates to its aging infrastructure and systems to meet modern efficiency standards and building codes.
Fronting Crenshaw Boulevard, a major thoroughfare, the property is subject to higher noise levels and traffic congestion, which may detract from the residential tranquility for some buyers.
Welcome to this spacious Mid-Wilshire home filled with character and charm. Upon entering, you're welcomed by a large living room with tall ceilings, abundant natural light, and an open feel that makes the space both inviting and comfortable. The living area flows into the kitchen, which offers ample cabinet and counter space for everyday living and entertaining. Just beyond the kitchen is a dedicated laundry area equipped with two washers and two dryers, providing added convenience and functionality. Upstairs, you'll find four generously sized bedrooms and two bathrooms, offering a flexible layout to accommodate a variety of living arrangements, home office needs, or guest accommodations. The backyard provides plenty of outdoor space to relax, entertain, garden, or enjoy Southern California's year-round weather. At the rear of the property is a detached two-car garage along with an additional bonus space that may be well suited for a studio, office, workout room, storage, or other creative uses. Beyond the home's immediate appeal, the property is situated on an R-3 zoned lot, creating an attractive opportunity for buyers seeking future development potential or long-term investment value. Centrally located near Hancock Park, Koreatown, and Mid-City, the property offers convenient access to popular dining, shopping, entertainment, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 2,404 | 2,738 | 43% |
| Lot Size | 7,159 | 7,404.5 | 36% |
| Price | $1.30M | $1.80M | 14% |
| Price per sq ft | $541 | $623 | 29% |
| Built year | 1920 | 1922 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 125 | 7% |
Jun 4, 2026
$1,299,999
Initial Listing
Jul 8, 2010
$481,000
Public Record
Aug 7, 2007
$970,000
Public Record
May 27, 1998
$220,000
Public Record