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. Notably, the property is equipped with solar panels, providing an eco-friendly and cost-effective solution to reduce electricity expenses.
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.
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.