Los Angeles, CA 90043,5879 Crenshaw BLVD
Los Angeles, CA 90043,5879 Crenshaw BLVD
Los Angeles, CA 90043,5879 Crenshaw BLVD
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$ 1,995,000
Est. payment | /mo

8,415 Sqft Lot


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$ 1,995,000
Est. payment | /mo
Save

8,415 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24408329

HOA Y/N No

Lot Size 8,415 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 4005003012

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Stephen F. Watson • Keller Williams Realty Downey
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5879 Crenshaw BLVD