6400 Crenshaw Blvd Los Angeles, CA 90043

This exceptional Los Angeles investment opportunity presents a 4,000 square foot flex space on a 10,771 square foot lot, located at 6400 S Crenshaw Blvd, in the Hyde Park neighborhood (zip code 90043). The property features two existing one-story buildings constructed in 1929, currently vacant and ready for immediate occupancy. Zoned C2-2D, this property offers significant redevelopment potential. As a Tier 3 Transit Oriented Community (TOC) site, it's eligible for expedited entitlements, allowing for the construction of up to 46 residential units, potentially exceeding this number with further incentives or by pursuing a 100% affordable housing project. A "by right" development could yield 26 units. The property's prime location is a short walk from the Hyde Park Metro Station and offers convenient access to SoFi Stadium, the South Bay, West Los Angeles, and Downtown Los Angeles. The asking price is $1,995,000, translating to $185 per square foot. This owner-user property is an ideal choice for investors seeking a high-return redevelopment project or a flexible industrial space. The property's location within Los Angeles County provides excellent access to major transportation arteries and a diverse workforce. This is a rare opportunity to acquire a well-positioned property with substantial upside potential in a rapidly developing area.