(APPROVED PLANS FOR 18 UNITS) 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 Approved 18 units apartment building with carport, 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. just minutes from the new So-Fi Football stadium. The Clipper's new stadium is now under construction.
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DAYS ON MARKET
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1
|
LAST UPDATED
|
1/14/2025
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|
YEAR BUILT
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1952
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COMMUNITY
|
Park Hills Heights
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COUNTY
|
Los Angeles
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STATUS
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Active
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PROPERTY TYPE(S)
|
Residential Income
|
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| AREA |
Park Hills Heights |
| HOA DUES |
0 |
| LOT |
8831 sq ft |
| LOT DESCRIPTION |
Corner Lot, Near Public Transit, Value In Land |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Electricity Available,Electricity Connected,Natural Gas Available,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected, Electric: Electricity - On Property |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LAC2 |
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Listed with Flat Fee Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/15/25 1:08 AM PST and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2025.
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