$2,385,000
$100K PRICE DROP

Estimated payment $14,260/month

Total Views 4,111
15 Beds
14 Baths
5,799 Sq Ft
$411 Price per Sq Ft

About This Home

5107 Crenshaw Blvd a fully renovated six-unit multifamily property in the vibrant and evolving Windsor Hills neighborhood of Los Angeles. The front structure is a beautifully restored Tudor-style fourplex, renovated in 2024, featuring a unique unit mix: (1) 4BR/4BA unit, (1) 3BR/2BA unit, and (2) studio units. In the rear of the property, (2) newly constructed 3BR/3BA ADUs offer modern design and added income potential. With a total of 15 bedrooms and 14 bathrooms, nearly every bedroom includes an en-suite bath, making the layout especially well-suited for co-living operators, master lease housing programs, or subsidized shared living models. The property will be delivered fully vacant at close of escrow, offering a rare level of flexibility for investors to implement their preferred leasing strategy. The newly built ADUs are not subject to rent control (buyer to verify), allowing for market-rate rents in a high-demand corridor. Additionally, the property is located within a federally designated Opportunity Zone, which may offer significant long-term tax advantages for eligible investors. Situated just one block from million-dollar single-family homes on S. Victoria Ave and within walking distance to the Metro Expo Line, this location offers both neighborhood charm and excellent connectivity to greater Los Angeles.Offered at $2,385,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.85% cap rate and a 9.94 GRM, this turnkey asset blends historic character with new construction and offers income potential, flexibility, and long-term upside in one of LA's most promising submarkets. Whether you're a private investor seeking cash flow, an operator looking for a co-living opportunity, or a nonprofit organization with a shared housing mission, this property checks all the boxes.

Listing Agent

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 04/08/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Spencer Chan

Lyon Stahl Investment Real Estate, Inc. License #02197531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,426

Year Built

  • Built in 1934

Parking

  • 3 Parking Spaces

Interior Spaces

  • 5,799 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 14 Bathrooms

Additional Features

  • 10,469 Sq Ft Lot
  • Central Heating

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5013-017-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,426

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5799
  • Lot Acreage: 0.2403
  • Probate: No
  • Stories: 2
  • Year Built: 1934
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 411.28

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 3

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 228888
  • Assessed Land Percent: 80
  • Assessed Land Value: 915552
  • Total Assessed Value: 1144440
  • Assessor Parcel Number: 5013-017-013
  • Lot Size Area: 10469

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 9.94
  • Number Of Units: 6
  • Total Annual Expense: 69411
  • Type Of Units: 0+1,3+2,3+3
  • Vacancy Rate: 100%

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,426 $1,167,328 $933,863 $233,465
2024 $14,426 $1,144,440 $915,552 $228,888
2023 $14,149 $1,122,000 $897,600 $224,400
2022 $13,492 $1,100,000 $880,000 $220,000
2021 $1,892 $125,193 $36,210 $88,983
2019 $1,844 $121,482 $35,137 $86,345
2018 $1,744 $119,101 $34,449 $84,652
2016 $1,632 $114,478 $33,112 $81,366
2015 $1,612 $112,759 $32,615 $80,144
2014 $1,628 $110,552 $31,977 $78,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $2,385,000 -4.0% $411 / Sq Ft
04/08/2025 04/08/25 For Sale $2,485,000 -- $429 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,100,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,025,000 Construction
Closed $1,000,000 Commercial
Previous Owner $378,000 New Conventional
Previous Owner $399,775 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $250,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25522769

The MLS

APN: 5013-017-013