Family-owned and meticulously cared for more than 30 years, the gated compound features a 1930 Spanish nine-plex (8 1bd/1ba plus one studio) and the separately gated 1993 2,300-sqft 3-bed/3-bath Single Family Residence with 4-car garage in back of parcel generate a scheduled $199,518 NOI-ready rent roll. Eight additional secure garages and a broad drive aisle invite ADU conversions. The 19,030-sqft C2 / TOC-Tier 2 Opportunity-Zone lot provides outsized development upside just .9 miles from Fairview Heights K-Line and 1.5 mi from SoFi Stadium, Intuit Dome and Kia Forum. Tier 2 bonuses may accommodate roughly 40 units on a podium footprint, translating to sub-$75k land cost per future door and a coveted Opportunity-Zone timetable for potential capital-gains deferral. Backstopped by Crenshaw dirt comps north of $150/sqft, surrounded by billions in public and private investment, and powered by transit that funnels tenants from LAX, Silicon Beach and USC, this asset is the quintessential "cash-flowing covered land" with three distinct exit ramps, ADU infill, voucher-driven rent lifts, or full mixed-use redevelopment each poised to deliver outsized returns.
Property Details
Price:
$2,495,000
MLS #:
25530205
Status:
Active
Baths:
0
Address:
7815 Crenshaw Boulevard
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Apr 25, 2025
State:
CA
ZIP:
90043
Lot Size:
19,035 sqft / 0.44 acres (approx)
Year Built:
1930
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Schools
Interior
Exterior
Garage Spaces
13.00
Parking Features
Driveway, Gated, Private, Auto Driveway Gate
Parking Spots
26.00
Security Features
Automatic Gate
Stories Total
2
Financial
Map
Community
- Address7815 Crenshaw Boulevard Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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7815 Crenshaw Boulevard
Los Angeles, CA
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