$10,000 Closing Credit¹
#SR25094697, Kyungwan Cho, Listing Office: Western Realty Group
#SR25110233·
Listing office: New Star Realty & Investment·
Listing agent: Young Hong·
Listing office phone: 213-820-0218
$1,990,000 List price
851 Crenshaw Blvd Los Angeles, CA 90005
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 851 Crenshaw Blvd
Situated in prime West Koreatown, Los Angeles, this impeccably maintained 3-unit income property presents a rare opportunity for owner-users, investors, or developers. The property includes previously completed architectural drawings for a potential 7-unit redevelopment, highlighting its strong upside potential. It features a spacious 3-bedroom, 2-bath main unit with a bonus den that lives like a single-family home—complete with a cozy fireplace, formal dining room with built-ins, a large kitchen with a service porch, and direct access to ample parking. The additional 2-bedroom, 2-bath and 1-bedroom, 1-bath units are equally well-kept, filled with natural light, and offer solid rental income. Ideally located with convenient access to transit, shops, and dining, this is a versatile property with long-term value in one of LA’s most desirable neighborhoods.
Highlights
Home typeTriplex
StatusActive
Lot size0.1724 Acres
Year built1921
MLS #SR25110233
Garage2 spaces
FireplaceSee Remarks
Summary
- Fireplace: See Remarks
- Garage Space: 2 spaces
- Private Pool: No
- List Price: $1,990,000
- Annual Tax Amount: $14,372
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: between 8th St & Olympic Bl
- Year Built: 1921
- Stories: 2
- Lot Size: 0.1724 Acres
- MLS Number: SR25110233
- MLS Name: CRMLS
- Office Name: New Star Realty & Investment
- Office Phone: (213) 820-0218
- Listing Agent: Young Hong
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 4:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,990,000
851 Crenshaw Blvd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 30, 2004 | Home Sold | $820,000 |
| Dec 17, 2001 | Home Sold | $470,000 |
| Jul 20, 1999 | Home Sold | $320,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,142,992 | $14,372 |
| 2023 | $1,120,581 | $14,104 |
| 2022 | $1,098,610 | $13,465 |
| 2021 | $1,077,070 | $13,285 |
| 2020 | $1,066,027 | $12,896 |
| 2019 | $1,045,125 | $12,758 |
| 2018 | $1,024,633 | $12,488 |
| 2017 | $1,004,543 | $12,488 |
History based on county public records data.
Nearby schools
8
Wilshire Park Elementary
Public District KG-5
0.4 mi
•4063 Ingraham St
5
Wilton Place Elementary
Public District KG-5
0.4 mi
•745 S Wilton Pl
6
Queen Anne Place Elementary School
Public District KG-5
0.7 mi
•1212 Queen Anne Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,826. Residents of Los Angeles, CA typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
43%
<35k
38%
35k-100k
11%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
8%
Single, with Kids
24%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
47%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Live Theatre
Art Museums
Where do the neighbors shop?
Banana Republic
Bloomingdales
H&M
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Starbucks
What do the neighbors drive?
Toyota
Mercedes
Audi
What do the neighbors listen to?
Jazz
News
Alternative
All data provided by Home Junction and Claritas
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This home is located at 851 Crenshaw Blvd in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $1,990,000.
While more than 395 listings in Los Angeles, CA in April 2025 were sold above asking price, there were more than 148 listings sold at asking price, and more than 328 were sold below. Between March and April 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.2%. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.
From Rocket Homes Real Estate and based on county public records data.