5125 Crenshaw Blvd, Los Angeles, CA 90043

$2,500,000
List Price
$2,500,000
Status
ACTIVE
MLS#
22-220373
Lot Size
12,007
Days on Market
11
Property Type
Land

Property Description

Seller may Carry. Seller will consider renting the vacant property. Owner User or a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOC lot 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 escrow and 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 popular destination 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 a homeless shelter.

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Courtesy of , Jon Emrani - CA DRE#

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