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Buy land in Los Angeles, CA at 5125 Crenshaw Boulevard Los Angeles, CA 90043

$2,500,000

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Land

12007 Sq. Ft.

6 Days on market

22220373 MLS ID

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About 5125 Crenshaw Boulevard land

Seller may Carry. Seller will consider renting the vacant property. Owner User or a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOC lot with 75 feet frontage, offers developers many options of building between 30-54 units (buyer to verify) The property will be delivered vacant at the close of escrow and has a current structure on the property that has over 8,360 sq. ft. Crenshaw Blvd has several development sites in the works and has become a very popular destination for developers. Besides the tear down option, the seller also has preliminary plans to subdivide the current building into 17 units to be used for a homeless shelter.
Seller may Carry. Seller will consider renting the vacant property. Owner User or a development opportunity consisting of 11,999 SQ. FT. of C2-2 Land located in a Qualified Opportunity Zone. This Tier 3 TOC lot with 75 feet frontage, offers developers many options of building between 30-54 units (buyer to verify) The property will be delivered vacant at the close of escrow and has a current structure on the property that has over 8,360 sq. ft. Crenshaw Blvd has several development sites in the works and has become a very popular destination for developers. Besides the tear down option, the seller also has preliminary plans to subdivide the current building into 17 units to be used for a homeless shelter.

Hyde Park Neighborhood Profile

The neighborhood of Hyde Park can be found in the city of Los Angeles, California, which is situated in the Los Angeles-Long Beach-Anaheim metropolitan area.

Transportation

Regardless of the mode of transportation, it is straightforward to get around in this part of the city. This area is quite transit friendly thanks to about 10 nearby bus lines. Hyde Park is also quite car friendly. It is convenient to park. Active people will be pleased with the quite walk-friendly nature of this neighborhood; running common errands is very easy by walking, and plenty of businesses are close by.

Services

A general and a specialty grocery store is always only a short walk away in Hyde Park. Likewise, a restaurant is often just around the corner, for instance on Slauson Avenue, and residents benefit from a few cafes as well. Property owners benefit from a good number of nearby clothing stores. Concerning education, it is a short walk to get to both primary and secondary schools from any location in Hyde Park. Apart from public schools, there are private elementary and high schools.

Character

The character of Hyde Park is exemplified by its calm ambience. There are a few green spaces close by for residents to relax in and they are very well-situated, making it easy to get to them. This neighborhood is also fairly good for those who need a quiet atmosphere, as the streets are usually quite calm.

Housing

In Hyde Park, around half of dwellings are single detached homes, while large apartment buildings and small apartment buildings make up most of the remaining housing stock. A majority of the housing growth in this neighborhood happened pre-1960. This neighborhood offers mainly one bedroom and two bedroom homes. There are equal parts renters and owners living in this area.

Monthly cost

Estimated monthly cost

$11,057/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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Sale and tax history

Sale and tax history

Today

DateStatusPrice
Mar. 14, 2008
Dec. 26, 2001$425,000

Schools

This home is within the Los Angeles Unified School District.

Los Angeles & Culver City enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

N/A

Greyson Prepatory Academy Inc

N/A

Opportunities Unlimited Charter High Sc Hool

N/A

Urban Village Middle School

N/A

Academy Of Science

N/A

Kid's Preparatory Academy Inc

N/A

Games Charter School

N/A

Ohr Eliyahu Academy

1/5

Crenshaw Science, Technology, Engineering, Math And Medicine Magnet

N/A

Audubon Middle School

N/A

Fifty-fourth Street Elementary School

Lifestyle

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,350,000

+$75,000

$2,425,000

Seller agent commission$75,000 (3%)*

$0 (0%)

Buyer agent commission$75,000 (3%)*

$75,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: Nov. 30, 2022 at 12:53 p.m.

Data updated: Nov. 29, 2022 at 6:05 p.m.

Listing modified: Nov. 29, 2022 at 10:44 p.m.

Property listed by Marcus & Millichap, Jon Emrani. IDX Contact: 310-909-5500
Based on information from California Regional Multiple Listing Service, Inc. as of 11/29/2022 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2022 California Regional MLS. All Rights Reserved.

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