1189 Crenshaw Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

1189 Crenshaw Boulevard, Los Angeles, California 90019 home-pic-0
ACTIVE$2,099,900
1189 Crenshaw Boulevard, Los Angeles, California 90019
0Bed
0Bath
4,087Sqft
6,934Lot
Year Built
1922
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$514
HOA
-
Days on market
-
Sold On
-
MLS number
CV25264830
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

We found 5 Cons,5 Pros. Rank: price - $2.10M(80th), sqft - 4087(80th), beds - undefined(20th), baths - undefined(20th).

Turnkey and fully renovated 4-unit property totaling 4,087 sq ft with 8 bedrooms and 7.5 baths across two buildings. The rear structure offers two 916 sq ft 2-bed/2-bath units, both updated throughout with modern finishes, while the front building includes a 1,205 sq ft 2-bed/2-bath first-floor unit and a 1,050 sq ft 2-bed/1.5-bath second-floor unit, each thoughtfully redesigned for today’s living. Every unit features refreshed interiors, upgraded systems, and a clean, cohesive aesthetic that appeals to both renters and owner-users. The property also provides four off-street parking spaces located in the driveway and between the two buildings, along with a shared outdoor layout that creates a comfortable residential feel. This is a rare opportunity to acquire a fully updated, move-in-ready income property with strong rental potential, multiple investment strategies, and the added flexibility of TIC exit options for future resale value.

Price History

Date
Event
Price
11/21/25
Listing
$2,099,900
02/28/25
Sold
$1,200,000
Condition Rating
Excellent

Despite the original build year of 1922, the property has undergone a recent and extensive 'turnkey and fully renovated' transformation, as explicitly stated in the description and visually confirmed by the images. The kitchens feature modern black cabinetry, white quartz countertops, stylish patterned backsplashes, and contemporary black fixtures and pendant lighting. Bathrooms are equally updated with sleek black vanities, white countertops, modern black hardware, and clean, new tiling. Throughout the units, new light wood-look flooring, recessed lighting, and modern mini-split AC units (visible both internally and externally) indicate upgraded systems and a fresh, cohesive aesthetic. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Turnkey & Fully Renovated: The property is described as 'turnkey and fully renovated' with 'refreshed interiors, upgraded systems, and a clean, cohesive aesthetic,' minimizing immediate capital expenditure for a buyer.
Strong Income Potential: As a 4-unit property with 'strong rental potential' and 'multiple investment strategies,' it presents an attractive asset for investors seeking consistent cash flow.
Flexible Investment & Exit Strategies: The inclusion of 'TIC exit options for future resale value' provides significant flexibility for the owner, allowing for potential individual unit sales or alternative investment approaches.
Desirable Unit Mix & Configuration: Comprising two 2-bed/2-bath units, one 2-bed/2-bath unit, and one 2-bed/1.5-bath unit, the property offers a highly marketable and tenant-friendly bedroom/bathroom configuration.
Valuable Off-Street Parking: The provision of 'four off-street parking spaces' is a substantial advantage in a dense urban area like Los Angeles, enhancing tenant appeal and property value.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4087, other record living area = 2929.
Recently Sold Property: The property was recently sold within the past year on 2025-02-28. The sold price is $1,200,000.00.
Advanced Age of Original Structure: Despite extensive renovations, the property's original build year of 1922 means the underlying structure is over a century old, potentially leading to unforeseen maintenance issues or limitations over time.
Potential TIC Financing/Resale Complexity: The mention of 'TIC exit options' implies a Tenancy-in-Common structure, which can sometimes present more complex financing requirements and a narrower buyer pool for individual unit sales compared to traditional condominiums.
Unspecified Cooling System: While 'upgraded systems' are mentioned, the description does not explicitly state the presence of central air conditioning, which could be a significant comfort and marketability concern for tenants in Los Angeles' climate.

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