Property Details
About this Property
(APPROVE PLAN FOR 4 STORY 18 UNIT) 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 submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, 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.
MLS Listing Information
MLS #
CRSR24013428
MLS Source
California Regional MLS
Days on Site
231
Lots & Land Information
Utilities
Other, Other
Parking, School, and Other Information
HOA Fee
$0
Zoning
PRKG, TNS, LV
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
7323 Crenshaw Bld is in Los Angeles, CA 90043. This Land is currently priced at $1,280,000. This address can also be written as 7323 Crenshaw Bld, Los Angeles, CA 90043.
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This listing information is up-to-date as of October 02, 2024. For the most current information, please contact Steven Sarahang, (818) 402-4266
