5879 Crenshaw Boulevard, Los Angeles, CA 90043
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5879 Crenshaw Boulevard,Los Angeles, CA 90043
$2,500,000
- 0.19 Acres
- Lots / Land
- Active
Listed by:michael r. fukushima
Office:keller williams los angeles
MLS#:CL25566151
Source:CA_BRIDGEMLS
Price summary
- Price:$2,500,000
About this home
Located at 5879 Crenshaw Blvd, Los Angeles 90043, the site sits on an approx. 8,418 SF lot zoned LAC2-2D-SP. The property is conveniently situated on the heavily trafficked, major North-South artery of Crenshaw Blvd, surrounded by neighboring essential retail and directly adjacent to Metro Line - Hyde Park Station. Listed for sale at $2,500,000, with a price per buildable unit of approximately $65,789. After completing our development analysis, we believe the development will feature 38 units with TOC tier 4 or even more units with 100% affordable. The property falls under several strategic 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 just one block from the K Line station at Crenshaw and Slauson. 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. This property is part of the transformative developments along the Crenshaw Boulevard corridor, which have been spurred by the arrival of the K Line. It joins other affordable housing projects in the area, such as the Depot at Hyde Park and Hope on Hyde Park apartmen
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Home facts
- Listing Id #:CL25566151
- Added:27 day(s) ago
- Updated:August 15, 2025 at 02:33 PM
Rooms and interior
- Living area:8,417 sq. ft.
Structure and exterior
- Building area:8,417 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$2,500,000
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