Los Angeles, CA 90016,3501 Crenshaw BLVD
Los Angeles, CA 90016,3501 Crenshaw BLVD
Los Angeles, CA 90016,3501 Crenshaw BLVD
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$8,995,000
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0.64 Acres Lot
Active

3501 Crenshaw BLVD Los Angeles, CA 90016

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UPDATED:

02/13/2025 01:27 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25494627

HOA Y/N No

Lot Size 0.642 Acres

Property Description

We are pleased to present Gateway on Crenshaw, a RTI 136 unit + commercial development opportunity located along one of the most dynamic corridors in the country with an Opportunity Zone designation. As a cornerstone to the West Adams and Crenshaw corridor neighborhood, the property is primed from a development firm to take advantage of this dynamic and ever improving location. The existing RTI plans for 136 units have been meticulously prepared by a reputable architectural firm and provide a healthy unit mix of 1,2, and 3-bedrooms units throughout with parking for both residential and commercial tenants. As an ED1 eligible project, the property has potential for a 330 unit7-story project, or a 180 unit 5-story project. Located within steps of two metro rails line (E Line: Santa Monica to Downtown, and K Line: Crenshaw to LAX Airport) and multiple bus lines, the property caters itself to a level of walkability difficult to achieve anywhere else in Los Angeles. Tenants will have ease of access to numerous employment hubs via rapid transit to Culver City, SantaMonica, Downtown Los Angeles, and the South Bay. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAC2-2D

Interior

Inclusions Three Parcels Total: 5046-001-042, 5046-001-041, & 5046-001-029

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5046001042

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.

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agent

Serri Rowell

Owner & Team Lead | CA BRE#01484073

+1(760) 579-2666

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3501 Crenshaw BLVD