7323 Crenshaw Boulevard, Los Angeles, CA 90043 - Berkshire Hathaway HomeServices California Properties

7323 Crenshaw Boulevard, Los Angeles, CA 90043

$1,125,000 Approx. USD 0 beds, 0 baths

Listing Agent


Steven Sarahang | steven4realestate@yahoo.com
Lic#: 01386940
Broker: Courtesy of Flat Fee Inc.

Agent Remarks

(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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SR25009248
List price is $1,125,000 Reduced by $125,000 on 4/2/2025
Price: $1,125,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.20 acres
Lot size: 0.2027
County: Los Angeles
Zoning: LAC2
Lot description: Corner Lot,Near Public Transit,Value In Land
MLS area: PHHT - Park Hills Heights

Last Updated: 4/2/2025

 Days On Market (DOM): 110

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 33.972882, -118.331226.
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Source: CRM. Also Available in SR25009611,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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