Description

5300 Crenshaw is a 5-story, 82-unit apartment plus retail development site located in the booming Crenshaw/Leimert Park/Hyde Park area of Los Angeles. The offering is a large, 19,007 square foot corner lot which has phenomenal street exposure along Crenshaw Boulevard. The new light rail Metro K Line (not yet open) runs directly in front of the property, allowing a developer to maximize square feet allowed on the site in addition to being a huge transportation amenity to future tenants. This development is also located squarely within an Opportunity Zone, offering exceptional tax advantages to a developer looking to hold the property for 10+ years.

Features

• 0.44 Acres