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31088906
31088907

5879 Crenshaw Blvd, Los Angeles, CA 90043

JD
CA 01958394
Daughrity Real Estate
Listed by Daughrity Real Estate
$2,200,000
80 days on market
Updated 31 days ago

Crenshaw Heritage Square

Details
APN 4005-013-012
Property Type Land
Sub Type Commercial
Acreage 0.190
Zoning LAC2

Land | 0.19 acres

Marketing description

Daughrity Real Estate is pleased to present Crenshaw Heritage Square, a rare RTI, transit-oriented development assemblage positioned in the heart of Nipsey Hussle Square along the historic Crenshaw Corridor. This ±8,419 SF infill site is entitled for approximately 30 residential units over activated ground-floor commercial, allowing a developer to step directly into execution mode and compress the typical entitlement and design risk. With prominent Crenshaw Blvd frontage and rear access on 59th Street, the project offers an efficient building envelope, strong visibility, and flexible site planning for parking, circulation, and separate residential/commercial entries.

Investment highlights

  • Crenshaw Heritage Square represents a rare opportunity to control a transit-oriented assemblage at 5879–5881 Crenshaw Blvd and 3409–3411 W 59th St, directly adjacent to Nipsey Hussle Square in the heart of the Crenshaw corridor. The combined site offers prominent Crenshaw frontage with rear street access, creating an efficient envelope for a mid-scale mixed-use or multifamily development steps from the Metro K Line and a short drive to Inglewood’s entertainment district, LAX, and regional job centers.
  • The property’s commercial zoning and proximity to a major transit stop position it for meaningful unit yield with potential density bonuses, especially under affordable or mixed-income housing programs. The immediate area is experiencing sustained public and private investment, driven by Destination Crenshaw, nearby housing projects, and the cultural draw of Nipsey Hussle Square, supporting strong long-term rent growth and tenant demand.
  • This offering is well suited for experienced infill developers seeking: (1) a culturally significant, high-visibility location, (2) a clean mid-size project scale attractive to local and regional capital, and (3) the ability to deliver a best-in-class community asset that aligns with the neighborhood’s heritage. With its unique combination of transit access, cultural cachet, and development flexibility, Crenshaw Heritage Square stands out as a compelling land play in one of Los Angeles’ most closely watched corridors.
  • Crenshaw Heritage Square is located in the heart of South Los Angeles along the historic Crenshaw Corridor, at the intersection of Crenshaw Blvd and 59th Street, and adjacent to Nipsey Hussle Square at Crenshaw & Slauson. This highly visible location offers direct access to the Metro K Line, frequent north–south car and bus traffic, and easy connectivity to Inglewood’s entertainment district, LAX, downtown Los Angeles, and the Westside. 

Listing Contacts

JD
CA 01958394
Daughrity Real Estate
Listed by Daughrity Real Estate

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