About 2241 Crenshaw Boulevard
Equity Union Commercial is pleased to present 2241 Crenshaw Blvd, an 8-unit multifamily investment opportunity in the heart of Los Angeles' Mid-City/West Adams submarket. Built in 1927, the property features a well-balanced unit mix of 2 studios, 5 one-bedrooms, and 1 two-bedroom unit, with 7 of the 8 units currently vacant giving a new owner the ability to bring units online at market rents from day one rather than working through existing tenancies. Seller Open To Seller Carry Financing. This property qualifies for up to 8 detached, fully non-rent-controlled ADUs under SB 1211, with roughly 6,000 SF of open backyard space (approximately 60' x 100') available for development. The site also carries meaningful development upside: it is zoned LAR3 with a TOC Tier 3 designation, supporting up to a 70% density bonus and the potential to build up to 31 units by-right. Combined, these entitlements offer a rare opportunity to double the unit count on one of the last remaining large-lot opportunities along this corridor. The property sits along the Crenshaw corridor at the border of Mid-City and West Adams. The location offers convenient access to the Metro E (Expo) Line, the I-10 Freeway, and everyday retail and dining along Crenshaw & Washington, including Starbucks, Planet Fitness, CVS, Ross, and Five Guys all within close proximity to Johnnie L. Cochran Jr. Middle School.
Features of 2241 Crenshaw Boulevard
| MLS® # | 26873363 |
|---|---|
| Price | $1,900,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 4,720 |
| Acres | 0.33 |
| Year Built | 1927 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 2241 Crenshaw Boulevard |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90016 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Parking | Direct Access, Driveway, Garage, Gated, Oversized, Private, Side By Side, Uncovered, Shared Driveway |
| Garages | Direct Access, Driveway, Garage, Gated, Oversized, Private, Side By Side, Uncovered, Shared Driveway |
| View | Courtyard |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Washer |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Back Yard, Front Yard, Yard, Value In Land |
|---|
Additional Information
| Date Listed | August 12th, 2026 |
|---|---|
| Days on Market | 30 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joshua Yeager |
|---|---|
| Office | Equity Union |