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5125 Crenshaw Boulevard

Los Angeles (City), CA 90043
  • $2,500,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 22220373
New On Site 6 Days Ago
UPDATED: 132 min ago
$2,500,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Jon Emrani of Marcus & Millichap (310-909-5500)


Description

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 preliminary plans to subdivide the current building into 17 units to be used for a homeless shelter.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-30T00:28:17.277. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
www.zemberrealtygroup.com/homes/134985524
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5125 Crenshaw Boulevard Los Angeles (City), CA 90043

  • Price: $2,500,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 132 min ago
  • ID#: 22220373
0
Beds
0
Baths
0
½ Baths
0.28
Acres
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
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 preliminary plans to subdivide the current building into 17 units to be used for a homeless shelter.
Exterior Features

Parking Total 0 View City Lights View YN Yes

Property Features

Association YN No Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-30T00:28:17.277. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
 
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Zember Realty Group
1125 Linda Vista Dr.
San Marcos CA, 92078
Listing Agent(s): Jon Emrani of Marcus & Millichap (310-909-5500)