701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized 4 Unit apartment offers a tremendous value add opportunity for an experienced investor or owner occupier in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of (2) 2 Bed/1 Bath units in the back and (2) extremely large Vacant units in the front that have been split into two bedroom & studio units that can be used as short & long term rentals. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the future Crenshaw/Wilshire Metro Purple Line Extension development. There are total 6 garage parking spaces plus 2 uncovered spaces with a legal storage room above the rear that is ready to be converted into one or more ADU’s. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. VERY LOW PRICE/SF!