1245 S Crescent Heights Boulevard, Los Angeles, CA 90035 (MLS # 26810725)
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Exceptional value-add 4-unit opportunity located in a prime Los Angeles neighborhood, featuring unique and charming architecture rarely found in typical multifamily assets. This distinctive property offers both strong in-place income and significant upside potential. The unit mix consists of (2) 2-bedroom + 1-bath units and (2) 1-bedroom + 1-bath units. Two units will be delivered vacant at closing, providing immediate flexibility for an investor or owner-user: Unit A: 2 Bed / 1 Bath (Vacant) Unit B: 1 Bed / 1 Bath (Vacant) The remaining units are currently occupied: Unit C: 2 Bed / 1 Bath rented at $2,100/month Unit D: 1 Bed / 1 Bath rented at $2,300/month. The property also features separate garage structures, offering excellent potential for Accessory Dwelling Unit (ADU) conversion (buyer to verify), creating an additional income stream and further enhancing long-term value.With its irreplaceable architectural character, desirable location, and multiple avenues for upside including rental increases, unit renovations, and ADU development - this is an ideal opportunity for investors seeking to reposition and maximize returns.
| DAYS ON MARKET | 7 | LAST UPDATED | 4/27/2026 |
|---|---|---|---|
| YEAR BUILT | 1936 | COMMUNITY | C19 - Beverly Center-Miracle Mile |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Refrigerator |
| AREA | C19 - Beverly Center-Miracle Mile |
| HEAT | Wall Furnace |
| LOT | 6438 sq ft |
| LOT DIMENSIONS | 6438 |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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