Los Angeles, CA 90043,5106 Crenshaw BLVD
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Los Angeles, CA 90043,5106 Crenshaw BLVD
Los Angeles, CA 90043,5106 Crenshaw BLVD
Los Angeles, CA 90043,5106 Crenshaw BLVD
Los Angeles, CA 90043,5106 Crenshaw BLVD
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$ 1,649,000
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5106 Crenshaw BLVD Los Angeles, CA 90043

9,147 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IN25271358

HOA Y/N No

Year Built 1920

Lot Size 9,147 Sqft

Lot Dimensions Estimated

Property Sub-Type Multi Family

Property Description

Location! Location! DEVELOPER'S DREAM! C2 Zoned 9,148 sq ft lot. 60' frontage X 152.46'. Pre-pandemic due diligence allowed for 20 units by right or 40 units taking advantage of TOC Tier III incentives. Take advantage of new legislations allowing for even greater density and streamlined approvals, such as SB 79 - allowing developers to build up to 9 stories high with no parking required in transit oriented communities! Couple that with the One Big Beautiful Bill for bonus depreciation for properties located in opportunity zones. This property is located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line – walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. Eased parking due to close proximity to Metro K Line stations! Current improvements include a 4 BD/2 BA SFR - 1,946 sq ft + Garage Converted 1 BD/1 BA ADU - 360 sq ft. Well maintained property with low maintenance allows you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Alternatively, go 100% affordable or ED1 for even greater density. Extensive list of permitted zoning use possibilities! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area – including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall and Crenshaw Crossing – just to name a few. Need to complete a 1031 exchange? Look no further. Act now and acquire your next asset using lower residential financing rates. Don't miss out on the best priced lot on the Crenshaw Corridor. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. Buyer to conduct their own due diligence. No warranties expressed or implied. Front unit also listed for rent.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Fence Excellent Condition, Electric, Privacy, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Present Use Residential,Single Family

Total Parking Spaces 10

Building

Lot Description 0-1 Unit/Acre, Front Yard, Sprinklers In Front, Value In Land, Yard

Story 1

Water Private

Others

Tax ID 5013019022

Security Features Security System,Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Security Lights,Window Bars

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard


CRMLS – RECore
Listed by Bryan Castillo Castillo Realty Group, Inc. 310-498-6908

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Wilder's Preparatory Academy Charter

    Public | KG - 5

  • 7

    Baldwin Hills Elementary School

    Public | KG - 5

  • 7

    New Heights Charter

    Public | KG - 8

  • 6

    Marvin Avenue Elementary

    Public | KG - 5

  • 6

    Cienega Elementary School

    Public | KG - 5

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 5

    La Tijera K-8 Academy of Excellence

    Public | KG - 8

  • 5

    City Charter Elementary School

    Public | KG - 5

  • 5

    Celerity Nascent Charter

    Public | KG - 8

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Bright Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 4

    W. Claude Hundall Elementary School

    Public | KG - 6

  • 4

    Windsor Hills Elementary

    Public | KG - KG

  • 4

    Centinela Elementary School

    Public | KG - 6

  • 4

    Kelso Elementary School

    Public | KG - 6

  • 4

    Carson - Gore Academy of Enviornmental Studies

    Public | KG - 5

Middle Schools 20
  • 8

    Wilder's Preparatory Academy Charter Middle School

    Public | 6 - 8

  • 6

    New los Angeles Charter

    Public | 6 - 8

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Century Community Charter

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 1

    Crozier Elementary School

    Public | 7 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    Global Education Academy Middle School

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 0

    Urban Village Middle School

    Public | 6 - 8

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Frederick Douglass Academy Middle School

    Public | 6 - 8

  • 0

    Joseph Pomeroy Widney High School

    Public | 6 - 12

High Schools 20
  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 1

    Inglewood High School

    Public | 9 - 12

  • 1

    Dorsey High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Manual Arts High School

    Public | 9 - 12

  • 1

    West Adams Preparatory High School

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Community Health Advocates

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

    Public | 9 - 12

  • 0

    View Park Continuation

    Public | 9 - 12

  • 0

    St Mary's Academy

    Private | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

  • 0

    Whitney Young Continuation

    Public | 9 - 12

  • 0

    Academy of Science and Engineering

    Public | 9 - 12

  • 0

    Youth Opportunities Unlimited

    Public | 9 - 12

School and business data provided by Attom Data.
Marcie Sands

Marcie Sands

REALTOR® | CA DRE#01428288

+1(760) 644-1562

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5106 Crenshaw BLVD