5879 Crenshaw Blvd - Commercial LAND FOR SALE


Los Angeles, CA 90043 8,420 SF
$1,995,000 USD
213-446-3636
5879 Crenshaw Blvd, Los Angeles, CA for Sale
$1,995,000 USD
Commercial LAND - FOR SALE
1/4
8,420 SF

5879 Crenshaw Blvd
Los Angeles, CA 90043


HIGHLIGHTS

  • Lots of density
  • 38 units with TOC
  • Across the street from Metro Station

OVERVIEW

New 100% Affordable Senior Housing ED1 Project at just $52,500 per Buildable Unit with One and Two bedrooms! Located at 5879 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $1,995,000, with a price per buildable unit of approximately $52,500. The property falls under several strategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hubzone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is across the street from the Hyde Park Metro stop of the new K Line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/ACRE

$10,320,926/AC

PRICE/SF

$237 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Crenshaw Metro Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.19 AC

LAND SF

8,420 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LAC2

APN/PARCEL ID

4005-013-012

ASK ABOUT THIS PROPERTY

Stephen WatsonTotal Realty GroupMore Info
213-446-3636

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Stephen WatsonTotal Realty GroupMore Info
213-446-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.