Los Angeles, CA 90043,7323 Crenshaw Boulevard
Los Angeles, CA 90043,7323 Crenshaw Boulevard
Los Angeles, CA 90043,7323 Crenshaw Boulevard
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Deeana Owens

Deeana Owens

Owens Real Estate Inc.

+1(678) 250-3471
Listed by Steven Sarahang • Flat Fee Inc.
$1,125,000
Est. payment /mo
8,831 SqFt
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 8,831 sqft

Price per Sqft $127

MLS Listing ID CRSR25009248

HOA Y/N No

Lot Size 8,831 Sqft

Property Sub-Type Unimproved Land

Source Datashare California Regional

Property Description

Back on the marker (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

Interior

Fireplace No

Exterior

View None

Building

Lot Description Corner Lot


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Deeana Owens

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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