5106 Crenshaw Boulevard

Los Angeles, CA 90043

$1,749,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $758 / sqft

1920

calendar_month Built

Property Description

Location! Location! DEVELOPER’S DREAM! Build 20 units by right or 40 units taking advantage of TOC Tier III incentives. Located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line – walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. C2 Zoned 9,148 sq ft lot. Eased parking - No Parking restrictions due to close proximity to Metro K Line stations! Current improvements include a SFR 1,946 sq ft + Garage Converted ADU 360 sq ft. Well maintained property with low maintenance allow you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area – including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall, Crenshaw Crossing, 5300 Crenshaw Blvd – 82 units under construction, 5144 Crenshaw Blvd – 79 units under construction – just to name a few. Need to complete a 1031 exchange? Look no further. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. No warranties expressed or implied.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 5106 Crenshaw Boulevard
City Los Angeles
State CA
Zip 90043
County Los Angeles
Listing Agent Bryan Castillo DRE#01912834
Courtesy Of Castillo Realty Group, Inc.
MLS IN24031397
List Price $1,749,000
Status Active
Type Commercial
Subtype Multi Family
Structure Size N/A
Lot Size N/A
Year Built 1920
DOM 74

Exterior Information

Maps

Listing information courtesy of: Bryan Castillo, Castillo Realty Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 28th, 2024 at 11:33 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.