871 Crenshaw Boulevard 406, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 2 bath
871 Crenshaw Boulevard 406
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 871 Crenshaw Boulevard 406, Los Angeles, California 90005 is currently available with a list price of $975,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready and features well-maintained, high-quality finishes including upgraded wood flooring, granite countertops, Omega self-closing cabinetry, and stainless steel appliances. While the penthouse is in excellent shape and offers modern amenities like UV-coated windows and a video intercom, it does not meet the 'excellent' criteria of being built within 10 years or having undergone a full recent renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Penthouse Positioning & Views
As a top-floor corner penthouse, this unit offers exceptional privacy and natural light, complemented by two glass-walled balconies featuring panoramic views of Downtown Los Angeles.
- High-End Interior Finishes
The residence boasts premium upgrades including Omega self-closing cabinetry, granite countertops, UV-coated double windows with wood shutters, and upgraded wood flooring throughout.
- Exceptional Value & Storage
Rare for the area, this property features a low $450 HOA fee while providing significant utility with two dedicated parking spaces and a private storage unit in a gated garage.
CONSRISKS & DEFICIENCIES
- High-Traffic Location
Situated on Crenshaw Boulevard near major intersections, residents may experience typical urban noise and traffic congestion associated with this central Los Angeles corridor.
- Limited Building Amenities
While the unit itself is high-quality, the building offers minimal communal amenities beyond a conference room, lacking the pool or fitness center often expected in this price bracket.
About 871 Crenshaw Boulevard 406
Modern and quality built condominium in Hancock Park. This unit is a very bright and airy front top floor PENTHOUSE. It's facing the south-east corner. Magnificent downtown view from two glass walled balconies. Nice open floor plan, upgraded wood flooring throughout, built-in stainless steel appliances, granite counters, Omega self-closing cabinets, large primary bedroom with walk-in closet, laundry room with washer/dryer and extra storage space, fireplace, UV coated double windows with wood shutters, video intercom for visitors, community conference room. 2 parking spaces and private storage inside the gated garage. Close to KoreaTown, LACMA, The Grove, Beverly Center, DTLA, USC.. Low HOA.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 19,976 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,550 | 1,385 | 88% |
| Lot Size | 19,976 | 25,797 | 44% |
| Price | $975.0K | $705.0K | 88% |
| Price per sq ft | $629 | $550 | 88% |
| Built year | 2006 | 1986 | 69% |
| HOA | $450.0 | $538 | 31% |
| Days on market | 19 | 198 | 6% |
Pricing History
Listed for Sale
Feb 15, 2026
$975,000
Initial Listing
Sold
Feb 24, 2020
$832,000
Public Record
Sold
Nov 21, 2012
$509,000
Public Record