4916 Crenshaw Blvd Los Angeles, CA 90043
Property Features for 4916 Crenshaw Blvd
General Information
- Lot size
- 0.17 Acres
Source: Legacy United Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Land Value Opportunity in Los Angeles
Three lots are being sold together for land value, totaling 22,856 square feet. The zoning is LAC2, allowing for construction up to 75 feet high, approximately six stories. The potential gross square footage is about 77,000, with a net living space of 65,000 square feet. The property can accommodate up to 90 apartment units, potentially generating up to $225,000 per month. A mixed-use development is also a possibility. Located in a special opportunity zoning area of Los Angeles, the property offers potential tax benefits for long-term private investments.
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.33044
- Latitude
- 33.99837
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Three lots totaling 22,856 sqft for sale.
Where is this land located?
The property is located at 4916 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: - Large land area: 22,856 sqft across three lots.; - High-density development potential: LAC2 zoning allows for construction up to 75 ft high.; - Significant building capacity: Potential for approximately 77,000 gross square footage and 65,000 net living space.