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Jenn Smart

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7323 Crenshaw Boulevard , Los Angeles, CA 90043
$1,195,000
Est. Payment: $2,655.56/mo
0.2 Acres
Status: active | Days on site: 5
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CLW-X83391 - CLW-C140677
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House Description

Approved Plans for 18 Units - MULTIFAMILY DEVELOPMENT OPPORTUNITY located within a designated Opportunity Zone along the rapidly evolving Crenshaw Boulevard corridor. Situated on an approximately 8,831 SF corner lot, 7323 Crenshaw Blvd is being offered with a four-story apartment building consisting of 16 market-rate units and only 2 affordable units. The approved project features an attached carport, elevator, rooftop amenity area and bicycle parking and is designated TOC Tier 3.With plans approved and the project fully RTI, a developer has the opportunity to bypass much of the lengthy entitlement and design process and move directly toward construction. Ideally positioned at Crenshaw Blvd and 74th Street with convenient access to LAX, SoFi Stadium, Intuit Dome, USC, West Adams, Culver City and DTLA. An exceptional opportunity for a developer or investor seeking a ready-to-build multifamily project in Los Angeles. Buyer to independently verify all plans, permits, zoning, Opportunity Zone designation, TOC incentives, affordable housing requirements and development potential. Contact Listing Agent for Offering Memorandum with development breakdown and property potential!

Highlights

Listed by Steven Marin , 310-269-7789 Christie's International Real Estate SoCal , 424-249-7162. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.2

Year Built

1952

County

Los Angeles

Area

PHHT - Park Hills Heights

Listing ID

26874875

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Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAC2
Principal Interest
$2,656
Taxes
$762

Home Price

$1,195,000

Loan Details

30 yrs
0%

Down Payment

20%
$239,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,655.56 $761.81 $0.00 $3,417.37
Yearly $31,866.67 $9,141.75 $0.00 $41,008.42
Total $956,000.00 $274,252.50 $0.00 $1,230,252.50
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T21:37:57.000Z

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