Discover an extraordinary opportunity with this single-family residence located at 1721 Crenshaw Blvd, Los Angeles. Boasting R3 zoning, this property features a spacious layout with 12 bedrooms, 8 baths, and spans 2,863 square feet on a sizable 7,481 square foot lot. Unlock the full potential of this property with the possibility of developing a larger project, such as an apartment complex. Consider seizing both 1717 and 1721 Crenshaw Blvd for an even more significant investment, or opt for individual ownership. Currently generating substantial income through Airbnb, this property comes fully furnished, making it an attractive turnkey investment. Notably, the property is equipped with solar panels, providing an eco-friendly and cost-effective solution to reduce electricity expenses. Situated in vibrant Koreatown, close to downtown Los Angeles, the 10 Freeway, and USC, its location adds a strategic advantage. Enjoy ample parking with spaces in both the front and rear, providing convenience for residents and guests alike. The non-HPOZ status and proximity to the picturesque Lafayette Park Community enhance the desirability of these parcels. Whether you're an investor, developer, or seeking a lucrative income stream, this property offers exceptional potential. Explore the possibilities and don't miss the chance to capitalize on this outstanding opportunity.
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