1245 S Crescent Heights Boulevard, Los Angeles, CA 90035

About this property

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.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold June 2026 · listed $1,800,000, on market April 2026 · MLS #26810725 · Source: CRMLS

Listing Agent: David Miller · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Carolyn Schneider · Miller & Desatnik Realty Co.

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