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4445 Crenshaw Blvd 0.17 Acres of Commercial Land Offered at $1,000,000 in Los Angeles, CA 90043
Investment Highlights
- Positioned directly across from Metro K-Line’s Leimert Park Station
- Eligible for Tier 4 TOC incentives supporting higher density
- Ideal for mixed-use, multifamily, or community-serving development
- Located within both an Opportunity Zone and State Enterprise Zone
- Surrounded by cultural landmarks and retail anchors
Executive Summary
Located in the heart of historic Leimert Park, 4445 Crenshaw Blvd offers a rare opportunity to acquire ±7,285 square feet of land directly across from the Metro K-Line’s Leimert Park Station. This site is currently used as overflow parking but is ideally positioned for redevelopment, benefiting from its C2-2D zoning and inclusion in both a State Enterprise Zone and a federally designated Opportunity Zone.
With access to the Tier 4 TOC (Transit Oriented Communities) incentive program, developers may be eligible for increased density and reduced parking requirements, making this site especially attractive for mixed-use or multifamily development. The parcel’s visibility along Crenshaw Blvd and its adjacency to public transit infrastructure further enhance its appeal for investors and owner-users alike.
With access to the Tier 4 TOC (Transit Oriented Communities) incentive program, developers may be eligible for increased density and reduced parking requirements, making this site especially attractive for mixed-use or multifamily development. The parcel’s visibility along Crenshaw Blvd and its adjacency to public transit infrastructure further enhance its appeal for investors and owner-users alike.
Property Facts
| Price | $1,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.16 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | LAC1.5 - Restricted Density Multiple | ||
| Price | $1,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | LAC1.5 - Restricted Density Multiple |
1 Lot Available
Lot
| Price | $1,000,000 | Lot Size | 0.17 AC |
| Price Per AC | $5,979,395.00 |
| Price | $1,000,000 |
| Price Per AC | $5,979,395.00 |
| Lot Size | 0.17 AC |
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 5013-013-001 | Improvements Assessment | $13,127 |
| Land Assessment | $446,588 | Total Assessment | $459,715 |
Property Taxes
Parcel Number
5013-013-001
Land Assessment
$446,588
Improvements Assessment
$13,127
Total Assessment
$459,715
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4445 Crenshaw Blvd
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