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Roseann Oesterreich, CRS, GRI

5106 Crenshaw Boulevard
Los Angeles, CA 90043

Multi-Family, Business Opportunities
Sq. Ft.
Acre Lot
Listing Agent: Bryan Castillo - Castillo Realty Group, Inc., 310-498-6908;
Home> California> Los Angeles> 90043
Location! Location! DEVELOPERS DREAM! Build 20 units by right or 40 units taking advantage of TOC Tier III incentives. Located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. C2 Zoned 9,148 sq ft lot. Eased parking - No Parking restrictions due to close proximity to Metro K Line stations! Current improvements include a SFR 1,946 sq ft + Garage Converted ADU 360 sq ft. Well maintained property with low maintenance allow you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall, Crenshaw Crossing, 5300 Crenshaw Blvd 82 units under construction, 5144 Crenshaw Blvd 79 units under construction just to name a few. Need to complete a 1031 exchange? Look no further. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. No warranties expressed or implied.
Commercial - Multi-Family, Business Opportunities, 1 Story
Los Angeles
0.21 Acres
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Listing Agent: Bryan Castillo - Castillo Realty Group, Inc., 310-498-6908;
Licensed in: DRE# 01912834
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Based on information from CRISNet MLS as of 4/18/2024. 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.
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