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$675,000
Est. payment /mo
4,800 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26683867
Lot Size 4,800 Sqft
Acres 0.1102
Property Description
Take advantage of this prime development opportunity in the Hyde Park neighborhood with a commercially zoned lot of approximately 4,800 SF. Zoned LAC2 Tier 3 with 40 feet of frontage along Crenshaw Blvd, the property offers the potential to build up to 6 units by right, and up to 10 units utilizing the Tier 3 density bonus with added incentives such as reduced parking requirements and more flexible setback allowances (buyer to verify and conduct their own due diligence). In addition to its residential development potential, the site supports a wide range of commercial uses, including retail, professional services, creative space, or future redevelopment. The property currently features a vacant office building of approximately 864 SF, previously used as a recycling business. Centrally located with strong visibility along Crenshaw Blvd and surrounded by numerous shops and restaurants, this is an ideal opportunity for an owner-user or developer looking to establish a presence in a vibrant, growing market.
Location
State CA
County Los Angeles
Area Park Hills Heights
Zoning LAC2
Exterior
Waterfront Description None
View Y/N Yes
View Walk Street
Building
Lot Description Single Lot, Fenced
Sewer In Street
Water Public
Others
Special Listing Condition Standard
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Listed by Keller Williams Beverly Hills
NEARBY SCHOOL & BUSINESS
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