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2019 South Crescent Avenue

Los Angeles CA 90731

4633 sq. ft.
Land
Currently for sale - view listing

Overview

Fabulous opportunity to acquire a very unique property situated just a short distance from the West Harbor waterfront development that is in full swing and scheduled to have it's Grand Opening in 2026. The property is zoned LAMR1 which per the attached Zoning Regulation Summary means the property can be used for Manufacturing, Commercial, Multi-Family Residential and Single Family Residential (buyer to verify with local government agencies). Ther currently is a building that can be used as a home, office or combination of both. It is currently used as office/storage space for the existing tenant who operates a construction business. Crescent Ave sits on a rim offering wonderful views of the harbor, marina and walking trails. Tenant's lease runs through May, 2027 but if you look at the bright side it provides income while you get through the planning and permitting process for whatever you would like to build here. See Summary of Zoning Regulations in Supplements for additional zoning information.

Features

4633 sq. ft. lot size
Land

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91%
91% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

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Local market activity for land plots in Los Angeles

In the last 12 months, 6 land plots similar to 2019 South Crescent Avenue, have been sold.

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