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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $1,649,000
      For Sale

      5106 Crenshaw Boulevard

      Los Angeles, CA 90043
      2306 sqft | 4 beds | 3 baths | 0.21 acres | #IN25279141
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      Listing OfficeCastillo Realty Group, Inc.
      62 photos
      Type:Purchase
      Structure:House
      Zone:Residential

      Description

      Location! Location! DEVELOPER’S DREAM! C2 Zoned 9,148 sq ft lot. 60' frontage X 152.46'. Pre-pandemic due diligence allowed for 20 units by right or 40 units taking advantage of TOC Tier III incentives. Take advantage of new legislations allowing for even greater density and streamlined approvals, such as SB 79 - allowing developers to build up to 9 stories high with no parking required in transit oriented communities! Couple that with the One Big Beautiful Bill for bonus depreciation for properties located in opportunity zones. This property is located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line – walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. Eased parking due to close proximity to Metro K Line stations! Current improvements include a 4 BD/2 BA SFR - 1,946 sq ft + Garage Converted 1 BD/1 BA ADU - 360 sq ft. Well maintained property with low maintenance allows you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Alternatively, go 100% affordable or ED1 for even greater density. Extensive list of permitted zoning use possibilities! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area – including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall and Crenshaw Crossing – just to name a few. Need to complete a 1031 exchange? Look no further. Act now and acquire your next asset using lower residential financing rates. Don’t miss out on the best priced lot on the Crenshaw Corridor. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. Buyer to conduct their own due diligence. No warranties expressed or implied. Front SFR also listed for rent.

      • Property Details
          • Lot DescriptionZeroToOneUnitAcre, DripIrrigationBubblers, FrontYard, SprinklersInFront, Lawn, Landscaped, SprinklersTimer, SprinklerSystem, TearDown, Va
          • InteriorCeilingFans, RecessedLighting, WiredForData, WiredForSound, AllBedroomsDown, Attic, WalkInClosets
          • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
          • Property SubtypeSingleFamilyResidence
          • Exterior MaterialsLighting, RainGutters
          • School DistrictLos Angeles Unified
          • FoundationPillarPostPier
          • Sewer InformationPublicSewer
          • CountyLos Angeles
          • ViewCityLights
          • Original List Price$1,649,000
          • MLS #IN25279141
          • MLS #IN25279141
          • Cost1649000.0
          • Property TypePurchase
          • High SchoolCrenshaw
          • Utility SourcePrivate
          • Square Feet2306.0
          • Structure TypeHouse
          • Acres0.21
          • Year Built1920
          • Bathrooms3.0
          • Parking Spaces0.0
          • Hoa Fees0.0
          • Bedrooms4
          • Full Baths3
          • Stories1

      Location

      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Today at 1:47 PM. Source: CRMLS

      Provided By
      Listing Agent: Bryan Castillo (#NCASTBRY)
      Listing Office: Castillo Realty Group, Inc. (#N2361)

      Alex HooksReal Estate Group
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