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    4822 Crenshaw Boulevard

    Los Angeles (City), CA 90043
    • $1,215,000
    • STATUS: Active
    • ON SITE: 133 days
    • ID#: 20666850
    UPDATED: 149 min ago
    $1,215,000
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,793
      SQFT
    • $678
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are proud to present 4822 Crenshaw Blvd, a 7,623sf Tier 3 TOC LAC2-2D zoned development site. The site is primed for an Opportunity Zone developer to take advantage of tax benefits, while also building a high yield new construction development that is located along the dynamic Crenshaw Blvd. Located along one of the most iconic corridors in the country, the neighborhood is experiencing a resurgence of development, creative offices, and numerous business placing a foothold in this proven marketplace.As a new development site, the land is zoned C2 and is situated in a 2D height district with a Tier 3 TOC designation. According to LA City and TOC guidelines, a developer may have the opportunity to build 19 units by right, or 33 units by utilizing the Tier 3 TOC density bonuses. Contact listing broker for additional information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-16T08:10:55.057. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
    www.reiferhomes.com/homes/112369896
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    4822 Crenshaw Boulevard Los Angeles (City), CA 90043

    • Price: $1,215,000
    • Status: Active
    • Updated: 149 min ago
    • ID#: 20666850
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,793
    SQFT
    $678
    $/SQFT
    1920
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    We are proud to present 4822 Crenshaw Blvd, a 7,623sf Tier 3 TOC LAC2-2D zoned development site. The site is primed for an Opportunity Zone developer to take advantage of tax benefits, while also building a high yield new construction development that is located along the dynamic Crenshaw Blvd. Located along one of the most iconic corridors in the country, the neighborhood is experiencing a resurgence of development, creative offices, and numerous business placing a foothold in this proven marketplace.As a new development site, the land is zoned C2 and is situated in a 2D height district with a Tier 3 TOC designation. According to LA City and TOC guidelines, a developer may have the opportunity to build 19 units by right, or 33 units by utilizing the Tier 3 TOC density bonuses. Contact listing broker for additional information.
    Exterior Features

    Architectural Style Cottage Parking Features Driveway Pool Features None Pool Private YN No Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Wood Heating None Heating YN No

    Property Features

    Listing Agreement Seller Reserved Listing Service Full Service Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Casey Lins of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-16T08:10:55.057. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
     
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    Riverside CA, 92504