$2M Price Reduction!

5471 Crenshaw Blvd, a +/- 23, 979sf C2-2D zoned, Tier 4 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica and Culver City. The building is currently improved with a +/-5, 317sf commercial building and a parking lot that can accommodate 25+ cars. Currently, Bank of America operates 2 ATM's on the property with 4 years remaining on their initial lease term.

Whether you're a business seeking a high visibility location or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units) and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza. 5471 Crenshw Blvd presents one of the last few remaining 20, 000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $167/sf on land and $37K/developable unit, in line with comparable sales nearby.

Request Information
on 5471 Crenshaw Blvd
in Los Angeles, CA
Presented by Casey Lins at
Kidder Mathews of California, Inc.


Property MLS #23-255461 from TheMLSCLAW

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+ Land Info

Lot Size Acres: 0.5504821
Lot Size Square Feet: 23979

+ Home Features

View: City

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Directions: Google Maps: 5471 Crenshaw Blvd. Los Angeles, CA 90043
Source Property Type: Land
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 5006-005-028
Postal Code Plus 4: 2407
Zoning: LAC2
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2023-12-13
$3,995,000
TheMLSCLAW

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Price Changed 2023-08-02
$4,650,000
TheMLSCLAW

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Listed 2023-03-29
$4,995,000
TheMLSCLAW

+ Display Complete School Details

Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 0.4 miles away.
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Fifty-Fourth Street Elementary School is a public elementary school located approximately 0.7 miles away.
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Audubon Middle School is a public middle school located approximately 1.3 miles away.
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Slauson Learning Center No 1 is a private high school located approximately 0.3 miles away.
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