7323 Crenshaw Boulevard
Los Angeles, CA 90043
0.20 acres | #SR25009611
Description
(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. just minutes from the new So-Fi Football stadium. The Clipper's new stadium is now under construction.
Property Details
- Utility FeaturesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, PhoneAvailable, PhoneConnected, SewerAvailable, SewerConnected, WaterA
- Lot DescriptionCornerLot, NearPublicTransit, ValueInLand
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,250,000
- MLS #SR25009611
- MLS #SR25009611
- Property SubtypeApartment
- Cost1250000
- Acres0.2027
- Utility SourcePublic
- Year Built1952
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Sarahang (#F207016697)
Listing Office: Flat Fee Inc. (#F2499001)
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