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/// LA SUBMARKET FILE

Baldwin Hills /Crenshaw.

AVG CAP RATE
AVG GRM
AVG $/UNIT
AVG $/SF

Baldwin Hills and the Crenshaw corridor combine established owner communities with a deep bench of small multifamily — duplexes through 12-unit buildings — much of it held by the same families for decades. The K Line has put the corridor on institutional radars, but most product still trades between private investors.

Long tenure plus transit investment makes this one of the most interesting long-horizon submarkets in South Los Angeles.

/// BALDWIN HILLS / CRENSHAW — THE DATA

Recorded sales by year

YEARSALESMEDIAN PRICEMEDIAN $/UNITMEDIAN $/SF
202144$1,188,748$237,499$287
202246$1,699,999$232,812$274
202368$3,732,500$328,750$328
202434$1,100,500$278,820$306
202528$1,650,000$230,474$264

~1,151 MULTIFAMILY BUILDINGS · 9,783 UNITS · 98% BUILT BEFORE 1979 (RSO-ERA)

DATA AS OF AUGUST 10, 2026

Sale prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.

/// RECENT SALES

Latest Baldwin Hills / Crenshaw trades

3118 W 43RD PLDEC 31, 2024EST$1,055,000$/UNIT$527,5004601 AUGUST STDEC 31, 2024EST$1,700,000$/UNIT$283,3334559 AUGUST STDEC 31, 2024EST$1,600,000$/UNIT$266,6673933 NICOLET AVEDEC 16, 2024EST$2,755,000$/UNIT$229,5833939 NICOLET AVEDEC 16, 2024EST$2,545,000$/UNIT$231,3644308 LEIMERT BLVDDEC 10, 2024EST$1,850,000$/UNIT$462,500

Sale prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.

ALL RECORDED SALES →
EVERY RECORDED TRADE, BY YEAR
Baldwin Hills / Crenshaw sales ledger
98% OF STOCK IS RSO-ERA
Rent control profile
/// BALDWIN HILLS / CRENSHAW — THE NUMBERS PEOPLE ASK FOR

Who sells apartment buildings in Baldwin Hills / Crenshaw?

Shaya Lowenstein (Lyon Stahl Investment Real Estate, CA DRE #01942326) brokers multifamily and land in Baldwin Hills / Crenshaw and across Los Angeles, publishing full rent rolls and financials on every listing. Free 48-hour valuations at https://shaya-test-1.vercel.app/valuation.

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