Los Angeles, CA 90043 5471 Crenshaw Blvd
$3,995,000
0 more
Presented By: Casey Lins with Kidder Mathews of California, Inc.
Home Details
$2M Price Reduction! 5471 Crenshaw Blvd, a +/- 23,979sf C2-2D zoned, Tier 4 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located just 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. The building is currently improved with a +/-5,317sf commercial building and a parking lot that can accommodate 25+ cars. Currently, Bank of America operates 2 ATM's on the property with 4 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $167/sf on land, and $37K/developable unit, in line with comparable sales nearby.
Presented By: Casey Lins with Kidder Mathews of California, Inc.
Interior Features for 5471 Crenshaw Blvd
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths
Other Interior Features
Street SuffixBoulevard
General for 5471 Crenshaw Blvd
CityLos Angeles
CountyLos Angeles
Days on Market418
DirectionsGoogle Maps: 5471 Crenshaw Blvd. Los Angeles, CA 90043
HOA / Comm AssnNo
Lot Size Square Feet23979
Lot Size UnitsSquare Feet
MLS AreaPHHT - Park Hills Heights
New ConstructionNo
Property TypeLand
Senior Community Y/NNo
Standard StatusActive
StatusActive
ViewCity Lights
View Y/NYes
ZoningLAC2
Exterior for 5471 Crenshaw Blvd
Lot Size Acres0.5505
Lot Size Area23979
Lot Size SourceOther
Total Parking0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480