Listing by: Steven Sarahang, Flat Fee Inc., 818-402-4266
0 Beds
n/a Full bath
n/aSqFt
Active
(APPROVED PLANS FOR 18 UNITS) 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 Approved 18 units apartment building with carport, 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.
Property Details | ||
|---|---|---|
| Price | $1,250,000 | |
| Property Style | Commercial,Multi-Family | |
| Lot Size Area | 8831 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.2027 | |
| Property Type | Land | |
| Features | Electricity Available,Electricity Connected,Natural Gas Available,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected | |
| Exterior Features | Curbs,Sidewalks,Storm Drains,Street Lights,Curbs,Sidewalks,Storm Drains,Street Lights | |
| View | None | |
| Lot Description | Corner Lot,Near Public Transit,Value In Land | |
| Association Fee | 0 | |
Geographic Data | ||
| Directions | Crenshaw Blvd and 74th St | |
| County | Los Angeles | |
| Latitude | 33.972882 | |
| Longitude | -118.331226 | |
| Market Area | PHHT - Park Hills Heights | |
Address Information | ||
| Address | 7323 Crenshaw Boulevard, Los Angeles, CA 90043 | |
| Postal Code | 90043 | |
| City | Los Angeles | |
| State | CA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Flat Fee Inc. | |
| Listing Agent | Steven Sarahang | |
| Listing Agent Phone | 818-402-4266 | |
| Attribution Contact | 818-402-4266 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Standard | |
| Ownership | None | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Jan 14, 2025 | |
| Listing Last Modified | Jan 15, 2025 | |
| Tax ID | 4012018001 | |
| MLS Area | PHHT - Park Hills Heights | |
| MLS # | SR25009248 | |
This information is believed to be accurate, but without any warranty.