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5130 CRENSHAW Boulevard, Los Angeles, CA 90043

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Listing Type
lots/land
Listing Status
active
Explore Los Angeles, CA
14
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Transportation
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$5,000,000

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Home Details for 5130 CRENSHAW Boulevard

Price
$5,000,000
Type
lots/land
Lot Size
0.5241
County
Los Angeles
Hoa
$0
MLS Listing#
22145309
On exitrealty.com
77 days

Property Description

The Crenshaw Double, a +/- 22,831sf C2 zoned, Tier 3 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. The property is ideal for a developer seeking to build up to 99 units maximum (Buyer to verify) in the heart of one of Los Angeles' most iconic boulevards. 5124-5130 Crenshaw Blvd is perched on top of Crenshaw Blvd, with 180 degree views, and currently consists of two adjacentparcels, one of which is a vacant lot and the other being a vacant auto repair shop. No relocations to deal with! Nearby developments include The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza!With the new LAX Crenshaw Metro Rail Line being just an 8-10 minute walk away, future residents have easy access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. The Crenshaw Double presents one of the last few remaining 20,000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $219/sf on land, and +/- $50K/ developable unit, in line with comparable sales nearby. Contact listing broker for additional information.
EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA BRE# 01516899. Lorenzo Castillo Broker.
$5,000,000

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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA BRE# 01516899. Lorenzo Castillo Broker.