5107 Crenshaw Blvd, Los Angeles, CA 90043

6 Renovated Units in Windsor Hills | 10.35 GRM & 6.53% Cap Rate | Fully Vacant

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$2,485,000

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Property Highlights

Fully renovated 6-unit property in Windsor Hills
Front structure is a Tudor style fourplex (renovated in 2024) consisting of (1) 4BD/4BA unit, (1) 3BD/2BA unit, and (2) studio units
Back structure consists of (2) newly built 3BD/3BA ADUs
Property to be delivered fully vacant
New ADUS are not subject to any rent control (Buyer to verify)
Situated in a qualified opportunity zone, providing potential tax incentives
Ideal for co-living or master lease housing programs with 15 bedrooms and 14 bathrooms

The Opportunity

The Glaser Group is pleased to present 5107 Crenshaw Blvd — a fully renovated six-unit multifamily property in the vibrant and evolving Windsor Hills neighborhood of Los Angeles. The front structure is a beautifully restored Tudor-style fourplex, renovated in 2024, featuring a unique unit mix: (1) 4BR/4BA unit, (1) 3BR/2BA unit, and (2) studio units. In the rear of the property, (2) newly constructed 3BR/3BA ADUs offer modern design and added income potential. With a total of 15 bedrooms and 14 bathrooms, nearly every bedroom includes an en-suite bath, making the layout especially well-suited for co-living operators, master lease housing programs, or subsidized shared living models.

The property will be delivered fully vacant at close of escrow, offering a rare level of flexibility for investors to implement their preferred leasing strategy. The newly built ADUs are not subject to rent control (buyer to verify), allowing for market-rate rents in a high-demand corridor. Additionally, the property is located within a federally designated Opportunity Zone, which may offer significant long-term tax advantages for eligible investors. Situated just one block from million-dollar single-family homes on S. Victoria Ave and within walking distance to the Metro Expo Line, this location offers both neighborhood charm and excellent connectivity to greater Los Angeles.

Offered at $2,485,000, 5107 Crenshaw Blvd provides a compelling investment profile. With a projected traditional leasing structure offering a 6.53% cap rate and a 10.35 GRM, this turnkey asset blends historic character with new construction and offers income potential, flexibility, and long-term upside in one of LA’s most promising submarkets. Whether you’re a private investor seeking cash flow, an operator looking for a co-living opportunity, or a nonprofit organization with a shared housing mission, this property checks all the boxes.