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5125 Crenshaw Blvd

Los Angeles, CA 90043
  • $2,500,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 22-220373
UPDATED: 12 min ago
$2,500,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Seller may Carry. Seller will consider renting the vacant property. Owner User or a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOC lot with 75 feet frontage, offers developers many options of building between 30-54 units (buyer to verify) The property will be delivered vacant at the close of escrow and has a current structure on the property that has over 8,360 sq. ft. Crenshaw Blvd has several development sites in the works and has become a very popular destination for developers. Besides the tear down option, the seller also has preliminary plans to subdivide the current building into 17 units to be used for a homeless shelter.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-07T11:42:40.983. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/134986416
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5125 Crenshaw Blvd Los Angeles, CA 90043

  • Price: $2,500,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 12 min ago
  • ID#: 22-220373
0
Beds
0
Baths
0
½ Baths
0.28
Acres
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
Seller may Carry. Seller will consider renting the vacant property. Owner User or a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOC lot with 75 feet frontage, offers developers many options of building between 30-54 units (buyer to verify) The property will be delivered vacant at the close of escrow and has a current structure on the property that has over 8,360 sq. ft. Crenshaw Blvd has several development sites in the works and has become a very popular destination for developers. Besides the tear down option, the seller also has preliminary plans to subdivide the current building into 17 units to be used for a homeless shelter.
Exterior Features

Lot Size Area 12007 View Description City View YN Yes

Property Features

Cable YN Yes Sale Type Standard Source Lot Size Area Other Zoning Lac2

Listing provided courtesy of Jon Emrani DRE#01427038 of Marcus & Millichap: 310-909-5500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-07T11:42:40.983. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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