5125 Crenshaw Blvd, Los Angeles, CA 90043

$2,500,000
List Price
$2,500,000
MLS#
22-220373
Lot Size
12,007
Days on Market
5
Property Type
Land

Property Description

Pleased to present a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOClot with 75 feet frontage, offers developers many options of building between 30-54 units (buyer to verify) The property will be delivered vacant at the close of escrowand has a current structure on the property that has over 8,360 sq. ft. Crenshaw Blvd has several development sites in the works and has become a very populardestination for developers. Besides the tear down option, the seller also has preliminary plans to subdivide the current building into 17 units to be used for homeless shelter.

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Courtesy of , Jon Emrani - CA DRE#

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