727 Crenshaw, Los Angeles, CA 90005

Description

Fantastic opportunity to acquire a FULLY Not Rented 4-unit rental property in Wilshire Park, primed for immediate income generation and value-add
potential. With many system upgrades and updated units, this property will be delivered 100% vacant, allowing for investors to lease at current
market rents from day one - maximizing cash flow without tenant restrictions. Also presents a unique option to live in the main house, and receive
passive income to help pay down your mortgage! The front building features a spacious 5-bedroom + den residence, ideal for a high-income rental,
owner-user, co-living model, or live/work use. Its flexible layout includes a large kitchen, formal dining room, expansive living areas, laundry
room, and dual staircases offering multiple income strategies. In the rear, two updated 1-bedroom units plus a studio provide additional revenue
streams with strong market rent potential. The property also includes private garages (potential ADU conversion, buyer to verify) and ample gated
parking further enhancing income possibilities. Situated on a gated lot with mature landscaping and multiple outdoor areas, the property offers
added tenant appeal and long-term development upside. A turnkey opportunity for investors seeking a centrally located asset with immediate
leasing potential, strong rental fundamentals, and multiple paths to increase value. Strategically located in the heart of Los Angeles, just minutes
from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, the property benefits from consistently strong rental demand and proximity to major employment, dining, and lifestyle hubs.