Los Angeles, CA 90043,7323 Crenshaw
Los Angeles, CA 90043,7323 Crenshaw
Los Angeles, CA 90043,7323 Crenshaw
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$1,125,000
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7323 Crenshaw Los Angeles, CA 90043

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR25009248

Property Sub-Type Lots/Land

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.

Location

State CA

County Los Angeles

Direction Crenshaw Blvd and 74th St

Interior

Fireplace No

Exterior

Utilities Available Electric, Natural Gas, Telephone

View Y/N No

Present Use Commercial

Others

Tax ID 4012018001


MLS Router / San Diego MLS
Listed by Steven Sarahang Flat Fee Inc.

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agent

Serri Rowell

Owner & Team Lead | CA BRE#01484073

+1(760) 579-2666

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7323 Crenshaw