1245 Crescent Heights

Los Angeles, CA, 90035

For Sale $1,800,000

6beds
4,638sqft
0.15acre

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.

Shen Schulz (310) 980-8809shen@shenrealty.com Contact AgentRequest Tour

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Listed by:

David Miller with Miller & Desatnik Realty Co.

1245 Crescent Heights is a Residential Income property located in Los Angeles, California, featuring a 0.148 acre lot, 4,638 sqft, 6 bedrooms, MLS #26810725.

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Data last modified: 2026-05-05 07:19:51