$3,850,000

Eight modern townhomes in one central Los Angeles investment, exempt from state rent control. 1187 Crenshaw is an 8-unit residential income property in the heart of Los Angeles. It was designed with clean contemporary lines, high-quality materials, and equal attention to style and function. Each townhouse-style unit has an open-concept layout, a spacious loft or mezzanine that works as a home office or extra living space, and its own private rooftop deck with great views. The one-bedroom Unit 108 has the largest deck on the property. Energy-efficient appliances and eco-friendly features help keep operating costs down and appeal to renters who care about sustainability. Location drives rental demand, and this one is hard to beat. Residents are minutes from Koreatown, Downtown, West Hollywood, Century City, Westwood, Santa Monica, and the Olympic Blvd tech corridor, with easy freeway access and public transit close by. Modern units in a central location attract quality tenants and support long-term value. Because the property is exempt from state rent control, you also have more flexibility on rents than with many older buildings. Newer multifamily properties this well located don't come up often. Contact the listing agent today for the rent roll and financials, or to schedule a private tour of 1187 Crenshaw. Regenerate