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5106 Crenshaw Boulevard,  Los Angeles CA, 90043

(Active)
$1,749,000
|
2,306 sqft
|
MLS# IN24031397
Last Updated: 5/18/2024 12:12 AM
Description for 5106 Crenshaw Boulevard Los Angeles, CA 90043
Location! Location! DEVELOPERS DREAM! Build 20 units by right or 40 units taking advantage of TOC Tier III incentives. Located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. C2 Zoned 9,148 sq ft lot. Eased parking - No Parking restrictions due to close proximity to Metro K Line stations! Current improvements include a SFR 1,946 sq ft + Garage Converted ADU 360 sq ft. Well maintained property with low maintenance allow you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall, Crenshaw Crossing, 5300 Crenshaw Blvd 82 units under construction, 5144 Crenshaw Blvd 79 units under construction just to name a few. Need to complete a 1031 exchange? Look no further. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. No warranties expressed or implied.
Price
$1,749,000
Los Angeles
2,306 (approx)
IN24031397
Active
Description
Location! Location! DEVELOPERS DREAM! Build 20 units by right or 40 units taking advantage of TOC Tier III incentives. Located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. C2 Zoned 9,148 sq ft lot. Eased parking - No Parking restrictions due to close proximity to Metro K Line stations! Current improvements include a SFR 1,946 sq ft + Garage Converted ADU 360 sq ft. Well maintained property with low maintenance allow you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall, Crenshaw Crossing, 5300 Crenshaw Blvd 82 units under construction, 5144 Crenshaw Blvd 79 units under construction just to name a few. Need to complete a 1031 exchange? Look no further. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. No warranties expressed or implied.
Listing Information
Property Type: Multi-Family, Business Opportunities, 1 Story
0.21 Acres Public Records 2,306 (approx)
1920 1
Private
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
2 Total
Neighborhood
Room Information
Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
Interior Features
Central Air
Other, Central
Security System,Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Security Lights,Window Bars
Exterior / Lot Features
10 Parking Spaces, 0 Covered Parking Spaces,
Shingle
60x152.38
C2-2D-SP
Excellent Condition,Electric,Privacy,Wood
0-1 Unit/Acre,Front Yard,Sprinklers In Front,Value In Land,Yard
Community Features
Security System,Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Security Lights,Window Bars
Driving Directions
Crenshaw Blvd in between 50th St and 52nd St
Financial Considerations
5013019022
Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry,Submit
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90043 has a population of 3,956,168.

The median household income in Los Angeles, California 90043 is $57,043. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90043 is 38 years.

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Listing Agent: Bryan Castillo CalDRE: 01912834 - Castillo Realty Group, Inc., 310-498-6908
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 12:12 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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