$2,599,000
$400K PRICE DROP

732 N Crescent Heights Blvd Los Angeles, CA 90046

Beverly Grove Neighborhood

Estimated payment $16,962/month

Total Views 3,013
5 Beds
3 Baths
2,488 Sq Ft
$1,045 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

Urban Spanish-Style Duplex | Live, Rent, or Invest
Welcome to 732–734 N. Crescent Heights Blvd, a beautifully updated Spanish-style duplex offering a rare blend of charm, flexibility, and high income potential — all in one of Los Angeles' most desirable and walkable neighborhoods.

Incredible Rental Income Potential
Both units are delivered vacant, giving you the freedom to set your own terms. With a projected rental income of approximately $13,000 per month, this property is ideal for investors, owner-occupants, or anyone looking to generate strong passive income.

Front Home (732 N. Crescent)
3 spacious bedrooms | 2 full baths

Original hardwood floors, arched doorways & built-ins

Chef-inspired kitchen with premium appliances

Gated front yard with classic Spanish tile details

Private 3-car garage + long driveway

Back Home (734 N. Crescent - Detached)
2 bedrooms | 1 bath

Private entrance and fenced yard

Dedicated laundry room + separate garage

Fully detached for privacy and flexible use

Prime Central Location
Set in the heart of the city, you’re surrounded by restaurants, boutiques, wellness studios, and cultural hotspots — all just a short stroll away. Walk Score: 92 — a true urban lifestyle.

Key Highlights
Zoned duplex | Both units delivered vacant

Income potential $13,000+/month

Ideal for long-term leases, short-term stays*, or multigenerational living

Great fit for a 1031 exchange or portfolio expansion

A rare opportunity to own a character-rich compound in a coveted LA location

Don’t miss this opportunity to live stylishly while building wealth — schedule a private tour today!

Listing Agent

Sana Saleh

Rodeo Realty Brokerage Phone: 818-324-8062 License #01975947 Listed on: 04/10/2025

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,295

Year Built

  • Built in 1925

Lot Details

  • 6,551 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,488 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 185
  • Tax Tract Number 4891
  • Assessor Parcel Number 5528007035
  • $427 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $144,576
  • Net Operating Income $144,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,295

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1299500
  • Property Attached: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5528007035
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 1044.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6551.00
  • Lot Size Acres: 0.1504

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 144576.00
  • Gross Scheduled Income: 144576.00
  • Lot Size Area: 6551.0000 Square Feet
  • Net Operating Income: 144576.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1944.01
  • Tax Lot: 185
  • Tax Tract Number: 4891
  • TaxOtherAnnualAssessmentAmount: 427.00

Map

Range of Values:

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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 $31,295 $2,624,746 $1,804,513 $820,233
2024 $31,295 $2,573,281 $1,769,131 $804,150
2023 $30,686 $2,522,826 $1,734,443 $788,383
2022 $29,253 $2,473,360 $1,700,435 $772,925
2021 $28,903 $2,424,864 $1,667,094 $757,770
2020 $29,205 $2,400,000 $1,650,000 $750,000
2019 $23,927 $2,003,280 $1,122,000 $881,280
2018 $21,629 $1,785,000 $1,326,000 $459,000
2016 $16,947 $1,408,325 $1,035,534 $372,791
2015 $16,697 $1,387,172 $1,019,980 $367,192
2014 $16,752 $1,360,000 $1,000,000 $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $2,599,000 -8.8% $1,045 / Sq Ft
06/16/2025 06/16/25 Price Changed $2,849,000 -5.0% $1,145 / Sq Ft
05/03/2025 05/03/25 For Sale $2,999,000 0.0% $1,205 / Sq Ft
04/30/2025 04/30/25 Off Market $2,999,000 -- --
09/16/2019 09/16/19 Sold $2,400,000 -2.0% $965 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $2,450,000 +40.0% $985 / Sq Ft
11/21/2016 11/21/16 Sold $1,750,000 -5.4% $703 / Sq Ft
07/21/2016 07/21/16 For Sale $1,850,000 0.0% $744 / Sq Ft
05/03/2012 05/03/12 Rented $2,995 0.0% --
05/03/2012 05/03/12 Under Contract -- -- --
03/25/2012 03/25/12 For Rent $2,995 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,400,000 Stewart Title Of Ca Inc
Grant Deed $2,000,000 Stewart Title Of Ca
Grant Deed -- None Available
Grant Deed $1,750,000 Equity Title Company
Grant Deed $1,360,013 Equity Title
Grant Deed $750,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Construction
Previous Owner $1,800,000 No Value Available
Previous Owner $200,000 Commercial
Previous Owner $66,400 Unknown
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $1,760,000 Commercial
Previous Owner $1,088,000 New Conventional
Previous Owner $176,000 Credit Line Revolving
Previous Owner $881,250 Unknown
Previous Owner $770,000 Negative Amortization
Previous Owner $562,500 Purchase Money Mortgage
Closed $112,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25078727

California Regional Multiple Listing Service (CRMLS)

APN: 5528-007-035