5879 Crenshaw Blvd Active

Los Angeles,CA 90043

$ 1995000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24-408329

Lot Size 8,417 Sqft

Acres 0.1932

Property Description

New 100% Affordable Senior Housing ED1 Project at just $52,500 per Buildable Unit with One and Two bedrooms! Located at 5879 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $1,995,000, with a price per buildable unit of approximately $52,500. The property falls under several strategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hub zone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is across the street from the Hyde Park Metro stop of the new K Line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAC2

Exterior

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Others

Special Listing Condition Standard

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