Active
7323 Crenshaw BLVD
LOS ANGELES CA, 90043
$1,250,000
$362.53 per sqft
Active
3,448 sqft
Multi-family
Built in 1952
(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. just minutes from the new So-Fi Football stadium. The Clipper's new stadium is now under construction.
SR25009611MR
MLSⓇ ID
January 13, 2025
Listed
January 15, 2025
Updated
Map
7323 Crenshaw BLVD
LOS ANGELES CA, 90043
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Park Hills Heights
Garage
No
Parking Total
0
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAC2
Listed by Steven Sarahang with Flat Fee Inc.
Listing Contact: 818-402-4266
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Data last updated 1/15/2025