$1,125,000

7323 Crenshaw, Los Angeles, CA 90043

Land
Built in ——
8,830sqft lot
—— car garage
$——/sqft
Listed 10 months ago

Property Description

Back on the marker (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.

Listing Status:: Active
Listing Office:: Flat Fee Inc. :
Listing Agent:: Steven Sarahang : 818-402-4266
MLS ID:: SR25009248

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 4012018001
Current Use: Commercial

Utilities: ElectricNatural GasTelephone

Source: California Regional MLS

This listing courtesy of Steven Sarahang, Flat Fee Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Young Empowered Scholars Academy

3140 Hyde Park Blvd, Los Angeles, CA, 90043

Grades KG-5

0.54 miles away

Horace Mann UCLA Community School

7001 S St Andrews Pl, Los Angeles, CA, 90047

Grades 6-8

1.14 miles away

Whitney Young Continuation

3051 W 52nd St, Los Angeles, CA, 90043

Grades 9-12

1.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.