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.
Location
Similar Listings
$3,500,000
MLS# 22145753
Listing Agent: Thomas Jonsson
Courtesy of: James Capital Advisors, Inc.
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Agent: Casey Lins Courtesy of: Kidder Mathews Of California, Inc. The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 28th June, 2022 12:20 PM (UTC)
