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2241 Crenshaw Blvd
Los Angeles CA 90016 US

$2,150,000

Active Listing ID 26873363
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9 bed
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4,720 square feet
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8.00 Bath (3 Full)
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Lot: 0.33 Acres
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Other

$2,150,000

Active Listing ID 26873363
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2241 Crenshaw Blvd 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.

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Property Features

  • Facts
  • Lot Size: 0.33 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Window Unit(s)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2150000
  • unparsedaddress: 2241 Crenshaw Blvd
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90016
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3253
  • lotsizeunits: Acres
  • lotsizearea: 0.3253
  • livingarea: 4720
  • livingareaunits: Square Feet
  • latitude: 34.037479
  • longitude: -118.33282
  • listagentfullname: Joshua Yeager
  • listagentemail: JoshYeager@EUCommerical.com
  • listagentkey: 3yd-CLAWCA-C146519
  • listagentmlsid: C146519
  • listagentpreferredphone: 8187418010
  • listagentofficephone: 8187418010
  • listofficekey: 3yd-CLAWCA-X725110
  • listagentstatelicense: 01979446
  • listofficemlsid: X725110
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1927
  • listingcontractdate: 2026-08-12
  • listagenturl: https://equityunion.com
  • countyorparish: Los Angeles
  • parcelnumber: 5061-021-038
  • cooling: Window Unit(s)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 16
  • parkingfeatures: Covered, Driveway, Oversize, Side By Side, Gated
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 4, Bathroom 5, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 8, Bathroom 7, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 9, Bathroom 8, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 6
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.33282, 34.03748
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Equity Union Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"JoshYeager@EUCommerical.com", "ListBrokerageCity":"Sherman Oaks", "ListBrokerageCountry":"US", "ListBrokerageEmail":"veronica@equityunion.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Equity Union Real Estate", "ListBrokeragePhone":"(818) 989-2000", "ListBrokeragePostalCode":"91423", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"STE 350", "ListBrokerageUnparsedAddress":"13412 VENTURA BLVD", "ListBrokerageWebsiteUrl":"https://equityunion.com", "ListOfficeAddress1":"24151 Ventura Blvd Ste #300", "ListOfficeAddress2":"STE 350", "ListOfficeBrokerMlsId":"X725110", "ListOfficeCity":"Calabasas", "ListOfficeCountry":"US", "ListOfficeEmail":"veronica@equityunion.com", "ListOfficePostalCode":"91302", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2241-Crenshaw-Blvd_Los-Angeles_CA_90016_M14300-35806?f=listhub&s=CLAWCA&m=26873363&c=rexren", "MLSModificationTimestamp":"2026-08-20 00:01:00", "Neighborhoods":[{"Description":null, "Name":"Mid Los Angeles"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/20/2026 7:59:51 AM GMT
Source Updated Date: 8/26/2026 1:01:53 AM GMT

Courtesy of: Joshua Yeager, Equity Union, JoshYeager@EUCommerical.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.