
Property Details
Property Details
Property Details
5300 Crenshaw, Los Angeles, CA 90043
$5,500,000 LOGIN TO SAVE
Bedrooms:
Bathrooms:
Area: SqFt.
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
Listing provided courtesy of Doug Rodermund of Morgan Skenderian. Last updated 2022-03-04 10:16:36.000000. Listing information © 2021 Sandicor.
Listing provided courtesy of Doug Rodermund of Morgan Skenderian. Last updated 2022-03-04 10:16:36.000000. Listing information © 2021 Sandicor.
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