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5125 Crenshaw Boulevard

Los Angeles CA 90043

12007 sq. ft.
Land
Currently for sale - view listing

Overview

Opportunity to Convert Building to 24 Units With Bathroom and Kitchenette . Seller may Carry. Seller will consider renting the vacant property. Owner User or a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOC lot with 75 feet frontage, offers developers many options of building between 30-54 units (buyer to verify) The property will be delivered vacant at the close of escrow and has a current structure on the property that has over 8,360 sq. ft. Crenshaw Blvd has several development sites in the works and has become a very popular destination for developers. Besides the tear down option, the seller also has plans to subdivide the current building into 27 units to be used for a homeless shelter.

Features

12007 sq. ft. lot size
Land

Happy sellers in Los Angeles

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Local market activity for land plots in Los Angeles

In the last 12 months, 1 land similar to 5125 Crenshaw Boulevard, have been sold.

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