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listing
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LandFor Sale
$1,995,000
5879 Crenshaw Boulevard
Los Angeles, CA 90043
Listed by Stephen F. Watson DRE#01187813 swatson@total-realtygroup.com Keller Williams Realty Downey
MLS: California Regional MLS (CRMLS)
8,417Sq Ft
Est. Mortgage
$10,398/mo

New 100% Affordable Senior Housing ED1 Project at just $52,500 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 $1,995,000, with a price per buildable unit of approximately $52,500. The property falls under several strategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hub zone, 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 new K Line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.

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