Homes for sale - 5106 Crenshaw Boulevard, Los Angeles, CA 90043

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Zach Arrington

zach@zarealtygroup.com +1(619) 374-5339

$ 1,649,000

Est. payment | -/mo

4 Beds

3 Baths

2,306 SqFt

Save

$ 1,649,000

Est. payment | -/mo

Save

4 Beds

3 Baths

2,306 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,306 sqft

Price per Sqft $715

MLS Listing ID IN25279141

Bedrooms 4

Full Baths 3

Year Built 1920

Lot Size 9,148 Sqft

Property Sub-Type Detached

Property Description

Location! Location! DEVELOPERS DREAM! C2 Zoned 9,148 sq ft lot. 60' frontage X 152.46'. Pre-pandemic due diligence allowed for 20 units by right or 40 units taking advantage of TOC Tier III incentives. Take advantage of new legislations allowing for even greater density and streamlined approvals, such as SB 79 - allowing developers to build up to 9 stories high with no parking required in transit oriented communities! Couple that with the One Big Beautiful Bill for bonus depreciation for properties located in opportunity zones. This property is located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. Eased parking due to close proximity to Metro K Line stations! Current improvements include a 4 BD/2 BA SFR - 1,946 sq ft + Garage Converted 1 BD/1 BA ADU - 360 sq ft. Well maintained property with low maintenance allows you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Alternatively, go 100% affordable or ED1 for even greater density. Extensive list of permitted zoning use possibilities! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall and

Location

State CA

County Los Angeles

Zoning LAC2

Direction Crenshaw Blvd - in between 50th St and 52nd St

Interior

Interior Features Attic Fan, Copper Plumbing Full, Recessed Lighting

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate, Linoleum/Vinyl, Tile

Fireplaces Type FP in Living Room, Decorative

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range

Laundry Gas, Washer Hookup

Exterior

Fence Wrought Iron, Chain Link, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Private

View City Lights

Roof Type Shingle

Accessibility 2+ Access Exits

Porch Concrete

Building

Story 1

Sewer Public Sewer

Water Private

Level or Stories 1

Others

Senior Community No

Tax ID 5013019022

Acceptable Financing Cash, Conventional, Exchange, Lease Option, Seller May Carry, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Lease Option, Seller May Carry, Cash To New Loan

Special Listing Condition Standard

Listed by Bryan Castillo Castillo Realty Group, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 374-5339

zach@zarealtygroup.com

1420 Kettner Blvd suite 100, San Diego, California, 92101, USA

5106 Crenshaw Boulevard Los Angeles, CA 90043