$1,695,000
2219 Crenshaw Boulevard, Los Angeles CA 90016
Multi-Family (7 Units)
Property type
29 days
On market
$272
Price per sqft
0 cars
Garage
1962
Year built
7,165 sqft
Lot size
Home highlights
Open Houses
Overview
Great building in mid city. Seven (7) units with a great mix 2+2 (3), 1+1 (3) and a single. Owner has recently had four (4) units vacated for a new buyer to bring in their own tenants. Working to vacate a 5th. New upgraded electrical panel installed last year, solid building.
Listing provided by: Don Dorsey DRE #00935672 213-785-7493, The Southward Group
Listing updated: Jun 3, 2026 at 08:59pm.
Last checked: Jun 15, 2026 at 12:00pm
Source: CRMLS #26834619
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $1,868 | $1,868 | $2,495 | Unfurnished |
| 2 | 2 | 2 | — | $2,495 | $0 | $2,495 | Unfurnished |
| 3 | 2 | 2 | — | $2,495 | $0 | $2,495 | Unfurnished |
| 4 | 1 | 1 | — | $1,750 | $0 | $1,750 | Unfurnished |
| 5 | 1 | 1 | — | $1,750 | $0 | $1,750 | Unfurnished |
| 6 | 0 | 1 | — | $1,475 | $1,475 | $1,550 | Unfurnished |
| 7 | 1 | 1 | — | $1,750 | $1,995 | $1,750 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 0
Disposal: 7
Ranges: 7
Rent Control: Yes
Units Leased: 3
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.9x
List Price / Annual Gross Rent
Cap Rate
3.76%
NOI / List Price
Net Operating Income: $63,873
Annual Operating Expenses
Electric: $3,168
Gardener: $1,440
Insurance: $14,007
Maintenance: $11,220
New Taxes: $22,669
Trash: $3,912
Water / Sewer: $3,977
Other Expense: $6,104
Interior
Flooring: Tile
Cooling: None
Heating: Natural Gas, Wall Furnace
Appliances: Disposal, Gas Range
Fireplace: None
Laundry: Common Area
Accessibility: None
Entry Location: Main Level
Exterior
Architectural Style: Mid Century Modern
Property Attached: Yes
Stories Total: 2
Levels: One
Roof: Tar Gravel
Window Features: Screens
Construction Materials: Frame
Common Walls: One Common Wall
Direction Faces: South
Lot Features: Irregular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Sewer Tap Paid
View: None
Patio and Porch Features: None
Garage and Parking
Parking: Assigned, Carport
Garage Spaces: 0
Uncovered Spaces: 1
Parking Total: 7
Lot Information
Land Lease: Yes
Land Lease Amount: $0 / Annually
Parcel #: 5061021035
Additional Parcels: No
Zoning: LAR3
Community
HOA: No
Senior Community: No
High School District: Los Angeles Unified