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Lot/land
  • Listing Provided by: 

    Steven Sarahang DRE #01386940 818-402-4266,

    Flat Fee Inc.

    Price cut: $125K (4/2)
    $1,125,000

    7323 Crenshaw Blvd #1, Los Angeles, CA 90043

    --beds
    --baths
    8,831Square Feet
    Unimproved Land
    Built in ----
    8,831 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Corner lot
    (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.
    114 days
    on Zillow
    |
    27
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 05:30am

    Listing Provided by:

    Steven Sarahang DRE #01386940 818-402-4266,

    Flat Fee Inc.

    Source: CRMLS,MLS#: SR25009248MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,831 Square Feet
    • Features: Corner Lot, Near Public Transit, Value In Land
    Details
    • Parcel number: 4012018001
    • Zoning: LAC2
    • Special conditions: Standard

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Storm Drains, Street Lights
    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Date on market: 1/14/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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