$2,295,000

7815 Crenshaw Blvd , Los Angeles, CA 90043

 
Bedrooms:11 beds
Bathrooms:0 baths
(None specified):8,300 sqft
Lot:0.44
Year Built:1930
Listing Status:Active

Listing Agent

James Respondek
http://www.rodeore.com
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Description

Family-owned and meticulously cared for more than 30 years, the gated compound features a 1930 Spanish nine-plex (8 1bd/1ba plus one studio) and the separately gated 1993 2,300-sqft 3-bed/3-bath Single Family Residence with 4-car garage in back of parcel generate a scheduled $199,518 NOI-ready rent roll. Eight additional secure garages and a broad drive aisle invite ADU conversions. The 19,030-sqft C2 / TOC-Tier 2 Opportunity-Zone lot provides outsized development upside just .9 miles from Fairview Heights K-Line and 1.5 mi from SoFi Stadium, Intuit Dome and Kia Forum. Tier 2 bonuses may accommodate roughly 40 units on a podium footprint, translating to sub-$75k land cost per future door and a coveted Opportunity-Zone timetable for potential capital-gains deferral. Backstopped by Crenshaw dirt comps north of $150/sqft, surrounded by billions in public and private investment, and powered by transit that funnels tenants from LAX, Silicon Beach and USC, this asset is the quintessential "cash-flowing covered land" with three distinct exit ramps, ADU infill, voucher-driven rent lifts, or full mixed-use redevelopment each poised to deliver outsized returns.

Detailed Items

Other Information

7815 Crenshaw Blvd, Los Angeles, CA, 90043 is a (none specified) listing of 8,300 sqft on a lot of 0.44. This (none specified) listing has 11 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property7815 Crenshaw Blvd, Los Angeles, CA
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