Skip To Content

5130 Crenshaw Blvd

Los Angeles, CA 90043
  • $5,000,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 22-145309
UPDATED: 223 min ago
$5,000,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

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.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-04T23:42:46.87. 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.
www.jelmbergteam.com/homes/127592036
Print Image

5130 Crenshaw Blvd Los Angeles, CA 90043

  • Price: $5,000,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 223 min ago
  • MLS #: 22-145309
0
Beds
0
Baths
0
½ Baths
0.52
Acres
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property 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.
Exterior Features

Lot Size Area 22831 View Description City View YN Yes

Property Features

Cable YN Yes Sale Type Standard Source Lot Size Area Other Zoning Lac2

Listing provided courtesy of Casey Lins DRE#01902650 of Kidder Mathews Of California, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-04T23:42:46.87. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-145309-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-145309-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-145309-2.jpg
Logo
The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211