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4466-4518 Crenshaw Blvd 1.48 Acres of Commercial Land Offered at $11,000,000 in Los Angeles, CA 90043

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INVESTMENT HIGHLIGHTS

296 BUILDABLE UNITS (PER TOC)
CRENSHAW BLVD & 46TH STREET CROSS STREETS

TIER 4 TOC

EXECUTIVE SUMMARY

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 4466-4518 Crenshaw Boulevard, a 28,207 square foot school property situated on 1.48 acres of land (64,456 SF) located less than 0.2 miles from the Metro K line Leimert Park Station in the Los Angeles submarket of Leimert Park, CA

4466-4518 Crenshaw

PROPERTY FACTS In Escrow

Price	$11,000,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily Apartment Units
No. Lots	1	Total Lot Size	1.48 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C2-2D-SP - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses

Price	$11,000,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units
Total Lot Size	1.48 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C2-2D-SP - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses

1 LOT AVAILABLE

Lot

Price	$11,000,000	Lot Size	1.48 AC
Price Per AC	$7,433,909.17

Price	$11,000,000
Price Per AC	$7,433,909.17
Lot Size	1.48 AC

1 1

Walk Score®

Very Walkable (89)

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PROPERTY TAXES

Parcel Numbers	Multiple 5013-022-018 5013-022-020 5013-022-017 5013-022-019 5013-022-021 5013-022-023 5013-022-025	Improvements Assessment	$1,288,512
Land Assessment	$485,732	Total Assessment	$1,774,244