Lots and Land for sale in Los Angeles, California, PW21266924

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5300 Crenshaw Boulevard,

Los Angeles, California CA 90043-1810

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Sold For: $5,250,000

Listing ID: PW21266924

Price/SqFt: $276.21

Status: Closed

Sold Date: 9/23/2022

Acres: 0.436 Acres

Map Location

More Info

Printable Flyer

“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

Country: US

Elevation Units: Feet

MLS Area Major: 699 - Not Defined

Additional

Additional Parcels: no

Association: no

Community Features: Curbs, Sidewalks

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

Senior Community: no

Financial

Land Lease: yes

Special Listing Conditions: Standard

Tax Census Tract: 2346.00

Tax Lot: 314

Tax Tract Number: 668

Zoning Info

© 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.

Los Angeles CA home offered at $5,500,000