REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Shantrece Thomas

shantrecethomas@gmail.com +1(904) 760-6560

$ 2,150,000

Est. payment | -/mo

9 Beds

8 Baths

4,720 SqFt

Save

$ 2,150,000

Est. payment | -/mo

Save

9 Beds

8 Baths

4,720 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,720 sqft

Price per Sqft $455

MLS Listing ID 26873363

Bedrooms 9

Construction Status Fixer

Year Built 1927

Lot Size 0.325 Acres

Acres 0.3253

Property Sub-Type Multi-Family

Property Description

Equity Union Commercial is pleased to present 2241 Crenshaw Blvd, an 8-unit multifamily investment opportunity in the heart of Los Angeles' Mid-City/West Adams submarket. Built in 1927, the property features a well-balanced unit mix of 2 studios, 5 one-bedrooms, and 1 two-bedroom unit, with 7 of the 8 units currently vacant giving a new owner the ability to bring units online at market rents from day one rather than working through existing tenancies. This property qualifies for up to 8 detached, fully non-rent-controlled ADUs under SB 1211, with roughly 6,000 SF of open backyard space (approximately 60' x 100') available for development. The site also carries meaningful development upside: it is zoned LAR3 with a TOC Tier 3 designation, supporting up to a 70% density bonus and the potential to build up to 31 units by-right. Combined, these entitlements offer a rare opportunity to double the unit count on one of the last remaining large-lot opportunities along this corridor. The property sits along the Crenshaw corridor at the border of Mid-City and West Adams. The location offers convenient access to the Metro E (Expo) Line, the I-10 Freeway, and everyday retail and dining along Crenshaw & Washington, including Starbucks, Planet Fitness, CVS, Ross, and Five Guys all within close proximity to Johnnie L. Cochran Jr. Middle School.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms Shed(s)

Interior

Heating Other

Cooling Window Unit(s)

Equipment Dryer, Range/Oven, Washer

Exterior

Parking Features Private, Uncovered, Driveway, Direct Entrance, Gated, Oversized, Side By Side, Shared Driveway

Garage Spaces 16.0

View Y/N Yes

View Courtyard

Building

Lot Description Back Yard, Front Yard, Fenced Yard, Fenced, Yard, Raw Land, Value In Land, Lot-Level/Flat

Story 2

Level or Stories Two

Construction Status Fixer

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Equity Union

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

2241 Crenshaw Blvd Los Angeles, CA 90016

Shantrece Thomas

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

2241 Crenshaw Blvd