New 100% Affordable Senior Housing ED1 Project at just $52,500 per Buildable Unit with One and Two bedrooms! Located at 5879 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $1,995,000, with a price per buildable unit of approximately $52,500. The property falls under several strategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hub zone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is across the street from the Hyde Park Metro stop of the new K Line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.
Property Details
Price:
$1,995,000
MLS #:
24408329
Status:
Active
Baths:
0
Address:
5879 Crenshaw Boulevard 4005003012
Type:
Land
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jun 25, 2024
State:
CA
ZIP:
90043
Lot Size:
8,417 sqft / 0.19 acres (approx)
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- Address5879 Crenshaw Boulevard 4005003012 Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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Courtesy of Keller Williams Realty Downey. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5879 Crenshaw Boulevard 4005003012
Los Angeles, CA
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