Description
**developers /investors** we are proud to exclusively present for sale an incredible development opportunity centrally located in prime leimert park. situated on a prime corner lot of crenshaw blvd and 48th street, this approx. 7,731 sqft c2-zoned lot features 50x155 ft dimensions, tier 3 toc, and is located in the qualified opportunity fund zone for tax incentives to investors! this existing 781 sf retail building will be delivered vacant. the possibilities are endless including new construction townhomes, mixed-use commercial, senior-living facility, or an affordable housing project. this property is sb8 exempt and sb 684 which is ideal for a small lot subdivision. conveniently located near the new crenshaw metro line and destination crenshaw, which is a unique open-air museum currently under construction. sale also includes rti plans for a proposed 6-unit (three-duplexes) development. property to be sold in as-is condition. buyer to do their own due diligence and research to the development potential. do not miss out on this special opportunity!
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48449647
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1777
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7742
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Listing Information
Listing Price Information
- Original List Price: 999,000
- Listing Contract Date: 2025-01-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5013021001
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PHHT - Park Hills Heights
- Postal Code Plus 4: 5416
- Directions: Google Maps
- Zoning: LAC2
- Source Property Type: Land
- Area: PHHT - Park Hills Heights
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 02/25/2025 @ 09:01
- MLS: 25489671
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,742 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of View Park , in zip code 90043, this Los Angeles County Land are nearby neighborhoods.