Seller Reduced Price by $50,000!! This 12 unit property affords an investor an unique opportunity to buy units in the heart of 'dense in-fill' LA - with little no vacancy factor. This building is fully gated and is just blocks from shopping, dining and city services at Baldwin Hills Crenshaw Plaza and along Crenshaw Bl.
Multi-familyProperty Type
1954Year Built
9,191 sq ftLot Size
$104Price/Sq.Ft.
6 spacesParking
Listed by Brice Head•DRE #01330706• RE/MAX Commercial & Investment
Bought with Brice Head•DRE #01330706• RE/MAX Commercial & Investment
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
12
Baths
12
Stories
—
Lot width
—
Lot depth
—
Lot size
9,002 Sq. Ft.
Year renovated
1954
Sq. Ft.
9,091
Year built
1954
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5032009001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
Mar 3, 2022 • Final
Bldg-alter/repair
Perform a soft-story seismic retrofit according to building code requirements. Install a steel column control system.
Remodel
Mar 12, 2020 • Final
Bldg-alter/repair
Replace windows in a residential building with new windows of the same size and type. Install dual-glazed windows that are certified by the National Fenestration Rating Council.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Parking Spaces: 6
Interior
Unit Type 1 Information
Unit Key Numeric: 777413
Listing Key Numeric: 3375027
Actual Rent: $633
Area Units: Square Feet
Total # of Beds: 1
Total Rent: $7,591
Total # of Units: 12
Multi-Unit Information
Net Operating Income: $61,368
Average 1 Bed Area: 12
Total Building Area: 9,091
Gross Spendable Income: $14,081
Gross Scheduled Income: $91,092
Gross Multiplier: 10.43
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 12
# Of Separate Electric Meters: 12
# Of Buildings: 2
Vacancy Allowance Rate: 3
Vacancy Allowance: 2769
Exterior
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 12
Parcel Number: 5032009001
Financial
Lease / Rental Details
Operating Expense: $28,155
Rent Control
Total Actual Rent: $7,591
Location
Location Information
Latitude: 34.01313700
Longitude: -118.34237900
Other Subdivision Name: OTHR
Directions: Just South of the 10 Fwy along Crenshaw Bl. This unique location offers tenants easy access to the Westside via Stocker and easy access to Mid-City an
Subdivision Name: OTHR
Public facts
Beds: 12
Baths: 12.0
Sq. Ft.: 9,091
Stories: —
Lot Size: 9,002 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1954
Year Renovated: 1954
County: Los Angeles County
APN: 5032009001
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
Days Active in MLS: 103
Continuous Days Active in MLS: 103
Listing Agent Information
List Agent First Name: Brice
List Agent Last Name: Head
Listing Office Information
List Office Name: RE/MAX Commercial & Investment
Selling Agent Information
Buyer Agent First Name: Brice
Buyer Agent Last Name: Head
Selling Office Information
Buyer Office Name: RE/MAX Commercial & Investment
Around this home
Schools
K - 12
Preschool & daycare
Hillcrest Drive Elementary School
Public K-5 • Assigned • 0.3mi
3/10
Audubon Middle School
Public 6-8 • Assigned • 0.9mi
3/10
Susan Miller Dorsey Senior High School
Public 9-12 • Assigned • 0.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The Los Angeles market is becoming more balanced, with buyers gaining a little more negotiating room as homes take longer to sell and price reductions become more common. Well-priced homes in desirable neighborhoods can still attract strong interest....
LA real estate remains resilient, with long-term demand, limited desirable inventory, and strong neighborhood-by-neighborhood opportunities. For savvy buyers and sellers, the current market creates opportunities to negotiate strategically and build...
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...