CA > Los Angeles
Los Angeles, CA 90043,7323 Crenshaw BLVD
Los Angeles, CA 90043,7323 Crenshaw BLVD
Los Angeles, CA 90043,7323 Crenshaw BLVD
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$1,250,000
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8,829 Sqft Lot
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7323 Crenshaw BLVD Los Angeles, CA 90043

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Lucas Monari

Lucas Monari

+1(858) 405-5018

UPDATED:

01/15/2025 12:55 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25009611

HOA Y/N No

Year Built 1952

Lot Size 8,829 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAC2

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N No

View None

Private Pool No

Building

Lot Description Corner Lot, Near Public Transit, Value In Land

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4012018001

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Steven Sarahang • Flat Fee Inc. • 818-402-4266

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agent

Lucas Monari

Agent | License ID: 02163562

+1(858) 405-5018

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7323 Crenshaw BLVD