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$3,495,000
Est. payment /mo
0.55 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25559539
HOA Y/N No
Lot Size 0.551 Acres
Acres 0.55
Property Sub-Type Unimproved Land
Property Description
We are pleased to present a +/-5,317sf commercial building with 25+ parking spaces located on 23,979 SF of C2- 2D zoned, Tier 3 TOC, Opportunity Zone land located along the dynamic Crenshaw Blvd corridor! Located just 1-block away from the new LAX to 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, Bank of America operates 2 ATM's on the property with approximately 2 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments including: The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+ SF sites along the Crenshaw Blvd corridor. Contact the listing broker for additional information!
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5006005028
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Listed by Casey Lins • Kidder Mathews of California, Inc.
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