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/// LA SUBMARKET FILE

Baldwin Hills /Crenshaw.

$276,700
AVG $/UNIT
$303
AVG $/SF

STATS AS OF SEPTEMBER 2026

Baldwin Hills and the Crenshaw corridor combine established owner communities with a deep bench of small multifamily, from 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
202017$989,998$247,396$292
202153$1,626,775$228,261$275
202273$3,290,000$328,750$327
202333$1,291,000$320,000$295
202444$1,575,000$248,245$276

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

DATA AS OF SEPTEMBER 25, 2026

Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. 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

Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. 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 →
RECORDED SALES, BY YEAR
Baldwin Hills / Crenshaw sales ledger →
98% OF STOCK PREDATES 1979
Rent control profile →
/// BALDWIN HILLS / CRENSHAW: THE NUMBERS PEOPLE ASK FOR

What is the average price per unit for Baldwin Hills / Crenshaw apartment buildings?

As of September 2026, apartment buildings in Baldwin Hills / Crenshaw sell for an average of $276,700 per unit (about $303 per square foot), based on closed comps, not asking prices.

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://www.shayarealestate.com/valuation.

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