Active

5879 Crenshaw Blvd

Los Angeles CA, 90043

$1,995,000


$237.02 per sqft

Active

0.19 Acres

Land

New 100% Affordable Senior Housing ED1 Project at just $52,500 per Buildable Unit with One and Two bedrooms! Located at 5879 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $1,995,000, with a price per buildable unit of approximately $52,500. The property falls under several strategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hub zone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is across the street from the Hyde Park Metro stop of the new K Line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.

24-408329

MLS ID

June 25, 2024

Listed

September 13, 2024

Updated

Map

5879 Crenshaw Blvd
Los Angeles CA, 90043

Exterior/Building Features

Lot Size

0.19 Acres

Other Property Details

Area Name

Park Hills Heights


Days on Market

49


Garage

No


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

LAC2

Listing History

Date

Event

Price

8/7/2024

Price change

$1,995,000

-10%

7/10/2024

Price change

$2,200,000

-12%

Listed by Stephen F. Watson with Keller Williams Downtown LA
Listing Contact: 213-446-3636 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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