See Home Value
Los Angeles 90019 Mid City
1717 Crenshaw Boulevard
$1,980,000 - $2,420,000
House - Off Market

1717 Crenshaw Boulevard

Los Angeles, CA 90019
bedrooms
7 Beds
bathrooms
3 Baths
square feet
2755 Sqft
Sold Mar 23, 2022
Transfer
$200,000 by Ko Jimmy
Mortgage Due Jan 06, 2053
Sold Jan 03, 2001
$257,000
$231,000 by Washington Mutual Bank Fa
Mortgage Due Jan 01, 2031

About This Property

Explore boundless potential with this single-family residence located at 1717 Crenshaw Blvd in the heart of Los Angeles. Boasting 7 bedrooms, 3 baths, and spanning 2,650 square feet on a generous 7,471 square foot lot, this property presents a unique opportunity with R3 zoning, allowing for a variety of development possibilities, including the creation of a larger apartment complex.

Consider acquiring both 1717 and 1721 Crenshaw Blvd for an even greater investment potential, or seize the chance to purchase them separately. Currently, this property serves as a lucrative Airbnb income stream, with all furnishings included in the sale. The strategic location in Koreatown, near downtown Los Angeles, the 10 Freeway, and USC, adds to its appeal.

Parking is a breeze with 10 spaces in the rear and an additional 8 in the front yard, providing a total of 18 convenient parking spots. The property's non-HPOZ status and proximity to the charming Lafayette Park Community further enhance its desirability. Whether you're an investor, developer, or looking for a substantial income opportunity, this property demands your attention. Explore the potential and don't miss out on this exceptional chance to turn this property into a cash cow.

The manager has listed the unit size as 2755 square feet.
Unit Size
2,755Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$799
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1909

Price History

Date / Event Date Event Price
Feb 13, 2024 No longer available -
No longer available
Nov 20, 2023 Listed $2,200,000
Listed
Jun 12, 2019 No longer available -
No longer available
Apr 9, 2019 Listed $2,200,000
Listed
Remarkable opportunity to own this three contiguous property. R3 zoning and it can be delivered vacant at the close of escrow. It has 7 bedrooms and 2 bathrooms and has a boarding house permit. 1709, 1717 and 1721 Crenshaw, all three can be sold together at $6.5M. Otherwise just two properties, 1717 and 1721 Crenshaw at $4.7M. The manager has listed the unit size as 2650 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1913
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,471
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,755
  • Gross Building Area: 2,755
  • Building Area: 2,755
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRENSHAW BOULEVARD TRACT
  • Land Acres: 0.172
  • Standard Land Use Code: Boarding house, rooming house, apt hotel, transient lodgings, hostel
  • Legal Description 1: CRENSHAW BOULEVARD TRACT LOT/SEC 36

Ownership

  • Current Owner : LEE KYO SOON
  • Current Owner 2: LEE YEA HYANG
  • Previous Owner : A PLUS HOMETEL LLC
  • Owner Before Previous Owner: POLE RONALD S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218220

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-C4
  • Parcel: 5071-001-033
  • Lot: 36
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0432
  • Longitude: -118.33

    Address

  • Full Address: 1717 Crenshaw Blvd
  • Address - House Number: 1717
  • Address - Street Name: Crenshaw
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C052
  • 4-Digit Zip Code: 6037
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,431
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: KO JIMMY
  • First Open Lien Mortgage Recording Date: Jan 06, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 06, 2053
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,147,500
  • Assessed Land Value: $976,140
  • Assessed Improvements Value: $171,360

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Transaction ID: 11882750792
  • Current Sale Document Type: Gift Deed
  • Current Sale Input Document Number: 330427
  • Previous Sale Recording Date: Jan 03, 2001
  • Previous Sale Contract Date: Dec 11, 2000
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KO JUNG
  • First Mortgage Transaction Date: Mar 23, 2022
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jan 03, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $231,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
12 Beds
8 Baths
2,863 ft²
$768/ft²
$2,200,000 Nov 19, 2023
-
-
House
3 Beds
3 Baths
3,195 ft²
$736/ft²
$2,350,000 Oct 23, 2023
-
-
Other
Loft
-
5,676 ft²
$423/ft²
$2,400,000 Nov 8, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 1717 Crenshaw Boulevard built and last sold?
The property at 1717 Crenshaw Boulevard was built in 1909 and last sold on Mar 4, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1717 Crenshaw Boulevard is $2,222,000.
What are some comparable homes to 1717 Crenshaw Boulevard?
Homes that are comparable to 1717 Crenshaw Boulevard include a house property at 1721 Crenshaw Boulevard, 2200 Wellington Road, 1152 South Bronson Avenue.

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