7323 Crenshaw Boulevard, Los Angeles, CA 90043
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Listed Price :
$1,280,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
(APPROVE PLAN FOR 4 STORY 18 UNIT) 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 submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, 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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
7323 Crenshaw Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90043 |
| County |
Los Angeles |
| Listing Agent |
Steven Sarahang DRE #01386940 |
| Courtesy Of |
Flat Fee Inc. |
| List Price |
$1,280,000 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
8,831 |
Listing information courtesy of: Steven Sarahang, Flat Fee Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:10 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.
