7323 Crenshaw Boulevard, Los Angeles
Los Angeles Home For Sale
(APPROVE PLAN FOR 4 STORY 18 UNIT) 7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90043
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- MLS® #:
- SR24013428
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- Lot Size:
- 0.20
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- HOA Dues:
- $
Price Change History for 7323 Crenshaw Boulevard, Los Angeles, (MLS® #SR24013428)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $1,399,999 | $195,001 (12.23%) | |
| Price Reduced (from $1,650,000) | $1,595,000 | $55,000 (3.33%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 20th, 2024 at 7:35pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.