$7,495,000

3501 Crenshaw Boulevard, Los Angeles, CA 90016

  • 15,308 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon0.64acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $490/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

We are pleased to present Gateway on Crenshaw, a RTI 136 unit + commercial development opportunity located along one of the most dynamic corridors in the country with an Opportunity Zone designation. As a cornerstone to the West Adams and Crenshaw corridor neighborhood, the property is primed from a development firm to take advantage of this dynamic and ever improving location. The existing RTI plans for 136 units have been meticulously prepared by a reputable architectural firm and provide a healthy unit mix of 1,2, and 3-bedrooms units throughout with parking for both residential and commercial tenants. As an ED1 eligible project, the property has potential for a 330 unit7-story project, or a 180 unit 5-story project. Located within steps of two metro rails line (E Line: Santa Monica to Downtown, and K Line: Crenshaw to LAX Airport) and multiple bus lines, the property caters itself to a level of walkability difficult to achieve anywhere else in Los Angeles. Tenants will have ease of access to numerous employment hubs via rapid transit to Culver City, SantaMonica, Downtown Los Angeles, and the South Bay. Contact the listing broker for additional information.

Listing Status:
Active
Date Added:
February 5, 2025 at 06:00AM
Listing Office:
Kidder Mathews of California, Inc. : 858-369-3010
Listing Agent:
Casey Lins : 714-333-6768
MLS ID:
25494643
  • Parking: Parking spaces: 20
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAC2-2D5046001042
  • Source: CRMLS

This listing courtesy of Casey Lins, Kidder Mathews of California, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Virginia Road Elementary

2925 Virginia Rd, Los Angeles, CA, 90016

Grades KG-5

0.35 miles away

A

Audubon Middle School

4120 11th Ave, Los Angeles, CA, 90008

Grades 6-8

1.12 miles away

D

Dorsey High School

3537 Farmdale Ave, Los Angeles, CA, 90016

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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