This Property is no longer advertised on Showcase.com.
Off Market
1/1

1925 Crenshaw Blvd
Los Angeles, CA 90016


HIGHLIGHTS

  • Short term lease, 2 years, no additional options
  • Value Add
  • Signalized Corner
  • ~138,625 buildable sf
  • 6:1 FAR
  • Favorable State and Local Law to Maximize Density and Entitlement Timeline

OVERVIEW

The property is zoned LAC2-2D-CPIO (West Adams-Baldwin Hills-Leimert). This will allow a developer to build an approximately 138,624 SF building, based on a FAR of 6:1 (Buyer to verify). There is no height limit. By right a Developer can build 58 units. 98 -104 units with the affordable housing density bonus. The property is in a Transit Oriented Community ("TOC") Tier 3 area. State Enterprise Zone district also applies. The property is not located in an Opportunity Zone.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Value Add Ground Lease TOC Tier 3

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Apartment Units, Apartment Units - Senior, Apartment Units - Subsdzd, Car Wash, Fast Food, Service Station

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

5061-020-038