$2,500,000 Price Analysis   ♡   Los Angeles, CA 90043 Unknown bed 0 bath unknown SqFt ($0/SqFt) 8,417SqFt lot. Listed 2024-06-25 | Ⓧ USDA Ineligible due to property near Los Angeles |
Pristine 100% Affordable Senior Housing ED1 Project at $65
800 per Buildable Unit with One and Two bedrooms!Located at 5879 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $2, 500, 000, with a price per buildable unit of approximately $65, 800. The property falls under severalstrategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hubzone and the Los Angeles State Enterprise Zone.
Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is across the street from the Hyde Park Metro stop of the n ew K Line. According to Governmental Code 69515, ny 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.
Presented by Stephen F. Watson at
Keller Williams Realty Downtown LA.
Property MLS #24-408329 from TheMLSCLAW
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8417
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Cross Street: W 59th St
Directions: From the 10, take the Crenshaw exit South until you get to the destination. The destination will be after Slauson on your right.
Source Property Type: Land
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 4005-003-012
Postal Code Plus 4: 2435
Zoning: LAC2
Source System Name: C2C
$2,500,000
TheMLSCLAW
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.