3501 Crenshaw Boulevard, Los Angeles CA, 90016

Active

3501 Crenshaw Boulevard

Los Angeles CA, 90016

$8,995,000

$321.46 per sqft

Active

0.64 Acres

Land

Listed by Casey Lins with Kidder Mathews of California, Inc. 714-333-6768

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.

25494627

MLSⓇ ID

February 5, 2025

Listed

February 14, 2025

Updated

Exterior/Building Features

Lot Size: 0.64 Acres

Other Property Details

Area Name: PHHT - Park Hills Heights
Days on Market: 8
Garage: No
Parking Total: 0
View: No
View Description: None
County: Los Angeles
Zoning: LAC2-2D

Listing Contact: 858-369-3010

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/14/2025 at 11:10 AM UTC