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$ 8,995,000
Est. payment /mo
Active
3501 Crenshaw Boulevard Los Angeles, CA 90016
0.64 Acres Lot
UPDATED:
02/13/2025 02:07 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25494627
HOA Y/N No
Lot Size 0.642 Acres
Acres 0.64
Property Sub-Type Unimproved Land
Property Description
We are pleased to present Gateway on Crenshaw, a RTI 136 unit + commercial development opportunity located along one of the most dynamic corridors in the country with an Opportunity Zone designation. As a cornerstone to the West Adams and Crenshaw corridor neighborhood, the property is primed from a development firm to take advantage of this dynamic and ever improving location. The existing RTI plans for 136 units have been meticulously prepared by a reputable architectural firm and provide a healthy unit mix of 1,2, and 3-bedrooms units throughout with parking for both residential and commercial tenants. As an ED1 eligible project, the property has potential for a 330 unit7-story project, or a 180 unit 5-story project. Located within steps of two metro rails line (E Line: Santa Monica to Downtown, and K Line: Crenshaw to LAX Airport) and multiple bus lines, the property caters itself to a level of walkability difficult to achieve anywhere else in Los Angeles. Tenants will have ease of access to numerous employment hubs via rapid transit to Culver City, SantaMonica, Downtown Los Angeles, and the South Bay. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5046001042
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Casey Lins • Kidder Mathews of California, Inc.