5300
Crenshaw Boulevard,
Los Angeles,
California
CA
90043-1810
Sold For: $5,250,000
Listing ID: PW21266924
Price/SqFt:
$276.21
Status:
Closed
Sold Date:
9/23/2022
Acres:
0.436
Acres
“5300 Crenshaw” is a 5-story, 82-unit apartment plus retail development site located in the booming Crenshaw/Leimert Park/Hyde Park area of Los Angeles. The offering is a large, 19,007 square foot corner lot which has phenomenal street exposure along Crenshaw Boulevard. The new light rail Metro K Line (not yet open) runs directly in front of the property, allowing a developer to maximize square feet allowed on the site in addition to being a huge transportation amenity to future tenants. This development is also located squarely within an “Opportunity Zone”, offering exceptional tax advantages to a developer looking to hold the property for 10+ years.
Primary Features
County:
Los Angeles
Price/SqFt:
276.21
Property Type:
Lots and Land
Zoning:
LAC2
External
Lot Features:
Flag Lot, Rectangular Lot, Near Public Transit
Lot Size Area:
19007
Lot Size Source:
Assessor
Lot Size Square Feet:
19007
View:
no
View Type:
None
Water Source:
Other
Location
Elevation Units:
Feet
MLS Area Major:
699 - Not Defined
Additional
Additional Parcels:
no
Association:
no
Days On Market:
72
List Agent State License:
01314304
List Office State License:
01220368
Lot Size Units:
Square Feet
New Construction:
no
Parcel Number:
5006007007
Financial
Special Listing Conditions:
Standard
Tax Census Tract:
2346.00
Tax Lot:
314
Tax Tract Number:
668
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, April 18th, 2024.
Based on information from CARETS as of Thursday, April 18th, 2024 01:42:09 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: DougRodermund, DRE #01314304 from Morgan Skenderian 949-251-8800
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