CA > Los Angeles
Los Angeles, CA 90043,5106 Crenshaw BLVD
Los Angeles, CA 90043,5106 Crenshaw BLVD
Los Angeles, CA 90043,5106 Crenshaw BLVD
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$1,649,000
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4 Beds
3 Baths
2,306 SqFt
New

5106 Crenshaw BLVD Los Angeles, CA 90043

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Joe Foty

Joe Foty

+1(619) 847-3894

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,306 sqft

Price per Sqft $715

MLS Listing ID IN25279141

Bedrooms 4

Full Baths 3

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1920

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Rooms

Other Rooms Guest House Detached, Shed(s)

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Recessed Lighting, Wired for Data, Wired for Sound, All Bedrooms Down, Attic, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Central Air, Attic Fan

Flooring Laminate, Tile, Vinyl

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater, Sump Pump

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Concrete

Fence Chain Link, Wood, Wrought Iron

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Roof Type Shingle

Accessibility Safe Emergency Egress from Home

Porch Concrete

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Lawn, Landscaped, Sprinklers Timer, Sprinkler System, Tear Down, Value In Land, Yard

Dwelling Type House

Story 1

Entry Level One

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Private

Level or Stories One

Additional Building Guest House Detached, Shed(s)

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

High Schools Crenshaw

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5013019022

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Window Bars

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Special Listing Condition Standard

CRMLS – RECore
Listed by Bryan Castillo Castillo Realty Group, Inc. 310-498-6908

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Joe Foty

Joe Foty

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+1(619) 847-3894

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