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20602348
20602349

3501 Crenshaw Blvd, Los Angeles, CA 90016

CL
01902650
Kidder Matthews
VC
CA 02012324
Kidder Mathews Los Angeles
Listed by Kidder Matthews, Kidder Mathews Los Angeles
$7,495,000
575 days on market
Updated 44 days ago
Opportunity zone

3501-3519 Crenshaw Blvd

Details
APN 5046-001-042, 5046-001-041, 5046-001-029
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Lot Size (SqFt) 27,982
Zoning LAC2-2D

27,982 SF 136-UNIT RTI OPPORTUNITY ZONE DEVELOPMENT

Marketing 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 unit 7-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, Santa Monica, Downtown Los Angeles, and the South Bay.

Listing Contacts

CL
01902650
Kidder Matthews
VC
CA 02012324
Kidder Mathews Los Angeles
Listed by Kidder Matthews, Kidder Mathews Los Angeles

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