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3518 Crenshaw Blvd - 3518 CRENSHAW BOULEVARD DEVELOPMENT

0.38 Acres of Residential Land Offered at $7,950,000 in Los Angeles, CA 90016

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Investment Highlights

Property Is Currently "Ready-to-Issue" (RTI)
One Block North of Metro E Line Station & Start of the New Metro K Line.
Within an Opportunity Zone & Tier 4 Transit-Oriented Communities (TOC) Incentives

Proposed 7-Story, 81 Apartments Plus Ground Floor Commercial
Excellent Mix of Junior 1 Bedroom, 1 Bedroom, 2 Bedroom and 3 Bedroom Units--Very Large Floorplans Averaging Over 700SF
Located in Highly-Desirable West Adams/Jefferson Park Area of Los Angeles

Executive Summary

Please contact Doug Rodermund to receive the Offering Memorandum.

Property Facts

Price	$7,950,000	Property Subtype	Residential
Sale Type	Investment	Total Lot Size	0.38 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$7,950,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.38 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$7,950,000	Lot Size	0.38 AC
Price Per AC	$21,067,192

Price	$7,950,000
Price Per AC	$21,067,192
Lot Size	0.38 AC

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Walk Score ®

Very Walkable (86)

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 5044-004-026 5044-004-008	Improvements Assessment	$482,489
Land Assessment	$3,967,145	Total Assessment	$4,449,634

PROPERTY TAXES

Parcel Numbers

Multiple

5044-004-026
5044-004-008

Land Assessment

$3,967,145

Improvements Assessment

$482,489

Total Assessment

$4,449,634

zoning

Zoning Code	C2-2, City of L.A.
C2-2, City of L.A.

Listing ID: 25406325
Date on Market: 4/5/2022
Last Updated:
Address: 3518 Crenshaw Blvd, Los Angeles, CA 90016

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3518 Crenshaw Blvd, Los Angeles, CA for sale Primary Photo- Image 1 of 8 — Primary Photo

3518 Crenshaw Blvd, Los Angeles, CA for sale Building Photo- Image 2 of 8 — COWORKING SPACE

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3518 Crenshaw Blvd, Los Angeles, CA for sale Building Photo- Image 4 of 8 — LAST PAGE AERIAL EDIT

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3518 Crenshaw Blvd, Los Angeles, CA for sale Building Photo- Image 7 of 8 — Aerial with Metro Line

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