1189 Crenshaw Blvd Los Angeles, CA 90019
Miracle Mile NeighborhoodEstimated payment $11,254/month
About This Home
Turnkey and fully renovated 4-unit property totaling 4,087 sq ft with 8 bedrooms and 7.5 baths across two buildings. The rear structure offers two 916 sq ft 2-bed/2-bath units, both updated throughout with modern finishes, while the front building includes a 1,205 sq ft 2-bed/2-bath first-floor unit and a 1,050 sq ft 2-bed/1.5-bath second-floor unit, each thoughtfully redesigned for today’s living. Every unit features refreshed interiors, upgraded systems, and a clean, cohesive aesthetic that appeals to both renters and owner-users. The property also provides four off-street parking spaces located in the driveway and between the two buildings, along with a shared outdoor layout that creates a comfortable residential feel. This is a rare opportunity to acquire a fully updated, move-in-ready income property with strong rental potential, multiple investment strategies, and the added flexibility of TIC exit options for future resale value.
Listing Agent
SOUTHLAND PROPERTIES Brokerage Phone: 626-484-0688 License #01355369 Listed on: 11/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,985
Year Built
- Built in 1922
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,087 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 9 Bathrooms
Additional Features
- 1 Common Wall
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 67
- Assessor Parcel Number 5082025001
- $944 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- Insurance Expense $3,000
- Other Expense $18,310
- Operating Expense $21,310
- Gross Income $146,400
- Net Operating Income $125,090
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,985 | $1,331,712 | $1,061,208 | $270,504 |
| 2024 | $1,985 | $87,069 | $52,845 | $34,224 |
| 2023 | $1,968 | $85,362 | $51,809 | $33,553 |
| 2022 | $1,917 | $83,690 | $50,794 | $32,896 |
| 2021 | $1,537 | $82,050 | $49,799 | $32,251 |
| 2020 | $1,543 | $81,210 | $49,289 | $31,921 |
| 2019 | $1,504 | $79,619 | $48,323 | $31,296 |
| 2018 | $11,662 | $938,400 | $612,000 | $326,400 |
| 2016 | $1,205 | $75,031 | $45,538 | $29,493 |
| 2015 | $1,192 | $73,904 | $44,854 | $29,050 |
| 2014 | $1,218 | $72,457 | $43,976 | $28,481 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $2,499,600 | +19.0% | $853 / Sq Ft | |
| 11/21/2025 11/21/25 | For Sale | $2,099,900 | +236.0% | $514 / Sq Ft | |
| 11/21/2025 11/21/25 | For Sale | $624,900 | -47.9% | $595 / Sq Ft | |
| 02/28/2025 02/28/25 | Sold | $1,200,000 | -4.0% | $410 / Sq Ft | View Prior Sale |
| 12/23/2024 12/23/24 | For Sale | $1,250,000 | +4.2% | $427 / Sq Ft | |
| 12/22/2024 12/22/24 | Off Market | $1,200,000 | -- | -- | |
| 11/15/2024 11/15/24 | For Sale | $1,250,000 | 0.0% | $427 / Sq Ft | |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- | |
| 10/19/2024 10/19/24 | For Sale | $1,250,000 | -- | $427 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,200,000 | Old Republic Title Company | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | United Independent Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,318,033 | Construction | |
| Previous Owner | $211,000 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25264830
APN: 5082-025-001
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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