Description for
5106 Crenshaw BoulevardLos Angeles, CA 90043
Location! Location! DEVELOPERS 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.
Price
$1,749,000
Los Angeles
2,306 (approx)
IN24031397
Active
Description
Location! Location! DEVELOPERS 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.
Listing Information
Property Type: Multi-Family, Business Opportunities, 1 Story
0.21 Acres
Public Records
2,306 (approx)
1920
1
Private
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
2 Total
Neighborhood
Room Information
Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry,Submit
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California.
Los Angeles, California 90043 has a population of 3,956,168.
The median household income in Los Angeles, California 90043 is
$57,043.
The median household income for the surrounding county is $73,262
compared to the national median of $66,222.
The median age of people living in Los Angeles 90043 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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City
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Sold Date
No information is available for recently sold properties within this search.