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  • 2241 Crenshaw Boulevard

2241 Crenshaw Boulevard, Los Angeles, CA 90016

$1,900,000 Approx. USD 9 beds, 8 baths
4,720 sqft

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Listing Agent


Joshua Yeager | JoshYeager@EUCommerical.com
Lic#: 01979446
Broker: Courtesy of Equity Union
Phone: 818-741-8010

Agent Remarks

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. Seller Open To Seller Carry Financing. 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26873363
List price is $1,900,000 Reduced by $250,000 on 9/9/2026
Price: $1,900,000
Beds: 9
Baths: 8
Built in 1927
4,720 sqft
2 stories
0.33 acres
Lot size: 0.3252
County: Los Angeles
Zoning: LAR3
Appliances: Dryer,Washer
Parking description: Direct Access,Driveway,Garage,Gated,Oversized,Private,Shared Driveway,Side By Side,Uncovered
Lot description: Back Yard,Front Yard,Value In Land,Yard
MLS area: C16 - Mid Los Angeles

Last Updated: 9/9/2026

 Days On Market (DOM): 57

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.037479, -118.332820.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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