Crenshaw CA Real Estate & Land for Sale


Showing Homes Nearby Crenshaw, CA
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24378629
Type:
Land
Lot size:
0.09 Acres
Listing Agent: Dominic Kennedy CalDRE: 02083855 - Christie's AKG Dominic Kennedy CalDRE: 02083855
View additional info

This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24378629
Type:
Land
Lot size:
0.09 Acres
Courtesy: Dominic Kennedy - Christie's AKG Dominic Kennedy
View additional info

This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376767
Type:
Land
Lot size:
0.26 Acres
Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376771
Type:
Land
Lot size:
0.26 Acres
Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376771
Type:
Land
Lot size:
0.26 Acres
Listing Agent: Daniel Lalezari CalDRE: 01949474 - Keller Williams Hollywood Hills Daniel Lalezari CalDRE: 01949474
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376767
Type:
Land
Lot size:
0.26 Acres
Listing Agent: Daniel Lalezari CalDRE: 01949474 - Keller Williams Hollywood Hills Daniel Lalezari CalDRE: 01949474
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
11,364
Status:
Active
MLS#:
CL24376767
Type:
Land
Lot size:
0.26 Acres
A broker reciprocity listing Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari [email protected]
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
11,364
Status:
Active
MLS#:
CL24376771
Type:
Land
Lot size:
0.26 Acres
A broker reciprocity listing Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari [email protected]
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
IV24078602
Type:
Land
Lot size:
0.01 Acres
Listing Agent: TERESA CONTRERAS CalDRE: 02226157 - HOMELINK REALTY INC. TERESA CONTRERAS CalDRE: 02226157
View additional info

272 sq ft lot, approximately 2ft X 136 ft. Buyer to conduct their own due diligence to investigate, survey and development of lot. No Guarantees or Warranties as of condition of the property. All Information deemed reliable but not guaranteed.

Beds:
n/a
Baths:
Sq.Ft.:
6,363
Status:
Active
MLS#:
CL24382101
Type:
Land
Lot size:
0.15 Acres
A broker reciprocity listing Courtesy: Bo Hyeok Kim - Coldwell Banker Realty Bo Hyeok Kim [email protected]
View additional info

We are pleased to present a great development opportunity to build 12-14 units of apartment R3 Tier2, with a total building size of 16,547 SF in the Mid-City neighborhood. The subject property plan offers a unit mix of six 1-bedroom+1 bathroom and seven 2-bedroom+1 bathroom units, along with one ELI 1-bedroom+1 bathroom unit. The plan includes a 4-story type VA over 1 story type 1A configuration. With a walk score of 84, ten parking spaces, and twelve bike parking spaces, the subject property allows tenants to benefit from the local offerings in the Mid-City neighborhood. RTI coming very soon. Buyer to verify all information

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24382101
Type:
Land
Lot size:
0.15 Acres
Listing Agent: Bo Hyeok Kim CalDRE: 01968218 - Coldwell Banker Realty Bo Hyeok Kim CalDRE: 01968218
View additional info

We are pleased to present a great development opportunity to build 12-14 units of apartment R3 Tier2, with a total building size of 16,547 SF in the Mid-City neighborhood. The subject property plan offers a unit mix of six 1-bedroom+1 bathroom and seven 2-bedroom+1 bathroom units, along with one ELI 1-bedroom+1 bathroom unit. The plan includes a 4-story type VA over 1 story type 1A configuration. With a walk score of 84, ten parking spaces, and twelve bike parking spaces, the subject property allows tenants to benefit from the local offerings in the Mid-City neighborhood. RTI coming very soon. Buyer to verify all information

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24382101
Type:
Land
Lot size:
0.15 Acres
Courtesy: Bo Hyeok Kim - Coldwell Banker Realty Bo Hyeok Kim
View additional info

We are pleased to present a great development opportunity to build 12-14 units of apartment R3 Tier2, with a total building size of 16,547 SF in the Mid-City neighborhood. The subject property plan offers a unit mix of six 1-bedroom+1 bathroom and seven 2-bedroom+1 bathroom units, along with one ELI 1-bedroom+1 bathroom unit. The plan includes a 4-story type VA over 1 story type 1A configuration. With a walk score of 84, ten parking spaces, and twelve bike parking spaces, the subject property allows tenants to benefit from the local offerings in the Mid-City neighborhood. RTI coming very soon. Buyer to verify all information

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
IV22030745
Type:
Land
Lot size:
2.2 Acres
Listing Agent: ROBERT ARRIETA CalDRE: 00997821 - ROBERT ARRIETA, BROKER, 951-892-5963 ROBERT ARRIETA CalDRE: 00997821
View additional info

Culver Place Assisted living 98 bed with Memory Center is an entitled development opportunity. A prime location nestled in-between Baldwin Hills & Blair Hills with frontage on La Cienega Blvd in the city of Culver City. This property was purchased by the current owner in 1949 and has never been on the market. Pent up demand for assisted living along with an ongoing explosion of adult longevity makes this opportunity most attractive. See supplements attached and call me anytime. Thank you

Beds:
n/a
Baths:
Sq.Ft.:
95,976
Status:
Active
MLS#:
CRIV22030745
Type:
Land
Lot size:
2.2 Acres
A broker reciprocity listing Courtesy: ROBERT ARRIETA - ROBERT ARRIETA, BROKER ROBERT ARRIETA [email protected]
View additional info

Culver Place Assisted living 98 bed with Memory Center is an entitled development opportunity. A prime location nestled in-between Baldwin Hills & Blair Hills with frontage on La Cienega Blvd in the city of Culver City. This property was purchased by the current owner in 1949 and has never been on the market. Pent up demand for assisted living along with an ongoing explosion of adult longevity makes this opportunity most attractive. See supplements attached and call me anytime. Thank you

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24373497
Type:
Land
Lot size:
0.2 Acres
Courtesy: Derrick Smith - Coldwell Banker Realty Derrick Smith
View additional info

**Developers /Investors** We are proud to exclusively present for sale a multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24373497
Type:
Land
Lot size:
0.2 Acres
Listing Agent: Derrick Smith CalDRE: 02019367 - Coldwell Banker Realty Derrick Smith CalDRE: 02019367
View additional info

**Developers /Investors** We are proud to exclusively present for sale a multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
8,686
Status:
Active
MLS#:
CL24373497
Type:
Land
Lot size:
0.2 Acres
A broker reciprocity listing Courtesy: Derrick Smith - Coldwell Banker Realty Derrick Smith [email protected]
View additional info

**Developers /Investors** We are proud to exclusively present for sale a multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23334669
Type:
Land
Lot size:
0.09 Acres
Listing Agent: Marcelo Cornejo CalDRE: 00986802 - Home Team Realty Marcelo Cornejo CalDRE: 00986802
View additional info

Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.

Beds:
n/a
Baths:
Sq.Ft.:
3,762
Status:
Active
MLS#:
CL23334669
Type:
Land
Lot size:
0.09 Acres
A broker reciprocity listing Courtesy: Marcelo Cornejo - Home Team Realty Marcelo Cornejo [email protected]
View additional info

Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23334669
Type:
Land
Lot size:
0.09 Acres
Courtesy: Marcelo Cornejo - Home Team Realty Marcelo Cornejo
View additional info

Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.

Beds:
n/a
Baths:
Sq.Ft.:
11,054
Status:
Active
MLS#:
CRSB24026450
Type:
Land
Lot size:
0.25 Acres
A broker reciprocity listing Courtesy: Aaron Jacobson - Lyon Stahl Investment Real Estate, Inc. Aaron Jacobson [email protected]
View additional info

Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity. With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership. Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB24026450
Type:
Land
Lot size:
0.25 Acres
Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc., 310-729-1559 Aaron Jacobson CalDRE: 02100737
View additional info

Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity.With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership.Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
WS24026997
Type:
Land
Lot size:
0.36 Acres
Listing Agent: CELINE Y YAN CalDRE: 01974962 - Century 21 Masters-Walnut, 818-818-2888 CELINE Y YAN CalDRE: 01974962
View additional info

Ready To Build. DTLA, Korea Town. USC All together. 3 Duplexs. Total of 6 units. Each unit comes with 2 car Garage plus and a big storage. Opportunity to add multiple ADU's. Great income property. Building A: 2 Units, each are 4 bedrooms and 3 bathrooms. Building B, Total 2 units. Each are 4 bedrooms and 3 bathrooms. Building C: 2 Units each are 3 bedrooms plus a extra large Den and 3 Bathrooms. The only opportunity in DownTown LA. Mid City, Next to Korea Town. 8 mins walk to Wilshire Blvd. Plans are approved. Total buildings sq ft is 9700 for all 3 buildings.

Beds:
n/a
Baths:
Sq.Ft.:
15,782
Status:
Active
MLS#:
CRWS24026997
Type:
Land
Lot size:
0.36 Acres
A broker reciprocity listing Courtesy: CELINE Y YAN - Century 21 Masters-Walnut CELINE Y YAN [email protected]
View additional info

Ready To Build. DTLA, Korea Town. USC All together. 3 Duplexs. Total of 6 units. Each unit comes with 2 car Garage plus and a big storage. Opportunity to add multiple ADU's. Great income property. Building A: 2 Units, each are 4 bedrooms and 3 bathrooms. Building B, Total 2 units. Each are 4 bedrooms and 3 bathrooms. Building C: 2 Units each are 3 bedrooms plus a extra large Den and 3 Bathrooms. The only opportunity in DownTown LA. Mid City, Next to Korea Town. 8 mins walk to Wilshire Blvd. Plans are approved. Total buildings sq ft is 9700 for all 3 buildings.

Beds:
n/a
Baths:
Sq.Ft.:
8,831
Status:
Active
MLS#:
CRSR24013428
Type:
Land
Lot size:
0.2 Acres
A broker reciprocity listing Courtesy: Steven Sarahang - Flat Fee Inc. Steven Sarahang [email protected]
View additional info

7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/29/2024.

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