Los Angeles, CA 90043,7815 Crenshaw Blvd
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Los Angeles, CA 90043,7815 Crenshaw Blvd
Los Angeles, CA 90043,7815 Crenshaw Blvd
Los Angeles, CA 90043,7815 Crenshaw Blvd
Los Angeles, CA 90043,7815 Crenshaw Blvd
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$ 2,495,000
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Price Dropped by $355K

7815 Crenshaw Blvd Los Angeles, CA 90043

11 Beds

11 Baths

8,300 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,300 sqft

Price per Sqft $300

MLS Listing ID 25530205

Bedrooms 11

Year Built 1930

Lot Size 0.437 Acres

Acres 0.437

Property Sub-Type Multi-Family

Property Description

Family-owned and meticulously cared for more than 30 years, the gated compound features a 1930 Spanish nine-plex (8 1bd/1ba plus one studio) and the separately gated 1993 2,300-sqft 3-bed/3-bath Single Family Residence with 4-car garage in back of parcel generate a scheduled $199,518 NOI-ready rent roll. Eight additional secure garages and a broad drive aisle invite ADU conversions. The 19,030-sqft C2 / TOC-Tier 2 Opportunity-Zone lot provides outsized development upside just .9 miles from Fairview Heights K-Line and 1.5 mi from SoFi Stadium, Intuit Dome and Kia Forum. Tier 2 bonuses may accommodate roughly 40 units on a podium footprint, translating to sub-$75k land cost per future door and a coveted Opportunity-Zone timetable for potential capital-gains deferral. Backstopped by Crenshaw dirt comps north of $150/sqft, surrounded by billions in public and private investment, and powered by transit that funnels tenants from LAX, Silicon Beach and USC, this asset is the quintessential "cash-flowing covered land" with three distinct exit ramps, ADU infill, voucher-driven rent lifts, or full mixed-use redevelopment each poised to deliver outsized returns.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAC2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other, Air Conditioning

Equipment Other

Exterior

Parking Features Driveway, Garage - 4+ Car, Garage Is Detached, Gated, Private Garage, Auto Driveway Gate

Garage Spaces 26.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Rodeo Realty - Pacific Palisades

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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