Los Angeles, CA 90016,3501 Crenshaw Boulevard
Los Angeles, CA 90016,3501 Crenshaw Boulevard
Los Angeles, CA 90016,3501 Crenshaw Boulevard
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$7,495,000
Est. payment /mo
0.64 Acres Lot
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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


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Bridge MLS
Listed by Casey Lins • Kidder Mathews of California, Inc.

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agent

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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