5106 Crenshaw Boulevard, Los Angeles, CA 90043

• 2,306 sqft

Property Description

Location! Location! DEVELOPER'S DREAM! C2 Zoned 9,148 sq ft lot. 60' frontage X 152.46'. Pre-pandemic due diligence allowed for 20 units by right or 40 units taking advantage of TOC Tier III incentives. Take advantage of new legislations allowing for even greater density and streamlined approvals, such as SB 79 - allowing developers to build up to 9 stories high with no parking required in transit oriented communities! Couple that with the One Big Beautiful Bill for bonus depreciation for properties located in opportunity zones. This property is located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line – walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. Eased parking due to close proximity to Metro K Line stations! Current improvements include a 4 BD/2 BA SFR - 1,946 sq ft + Garage Converted 1 BD/1 BA ADU - 360 sq ft. Well maintained property with low maintenance allows you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Alternatively, go 100% affordable or ED1 for even greater density. Ext

Listing Status:

Active

Date Added:

December 8, 2025 at 06:00AM

Listing Office:

Castillo Realty Group, Inc. : 310-751-0938

Listing Agent:

Bryan Castillo : 310-498-6908

MLS ID:

CRIN25271358

Interior

• A/C: Central Air
• Heating: Other

Exterior

• Parking: Electric Gate

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5013019022

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedOtherCable Connected

Financial

• Source: CRMLS

This listing courtesy of Bryan Castillo, Castillo Realty Group, Inc.