Los Angeles, CA 90043 7323 Crenshaw Boulevard
$1,125,000
11 more
Presented By: Steven Sarahang with Flat Fee Inc.; 818-402-4266
- MLS# SR25009611
- 01/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 18
Baths • 18
SQFT • 3,448
Home Details
(APPROVED PLANS FOR 18 UNITS) 7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are Approved 18 units apartment building with carport, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area. just minutes from the new So-Fi Football stadium. The Clipper's new stadium is now under construction.
Presented By: Steven Sarahang with Flat Fee Inc.; 818-402-4266
Interior Features for 7323 Crenshaw Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 7323 Crenshaw Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks
CountyLos Angeles
DirectionsCrenshaw Blvd and 74th St
ElectricElectricityOnProperty
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3900.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet8831.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total18
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot1
Trash Expense0.0
UtilitiesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, PhoneAvailable, PhoneConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
ViewNone
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1952
Year Built SourceAssessor
ZoningLAC2
Exterior for 7323 Crenshaw Boulevard
Building Area Total3448.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, NearPublicTransit, ValueInLand
Lot Size Acres0.2027
Lot Size Area8831.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate