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6216 Crenshaw Blvd 864 SF Office Building Los Angeles, CA 90043 $675,000 ($781.25/SF)



Investment Highlights
- Approximately 4,800 SF lot zoned LAC2 Tier 3, allowing a wide range of commercial uses
- Situated in the Hyde Park neighborhood, steps from local shops, services, and dining options
- Visibility & Frontage: Enjoys 40 feet of frontage along Crenshaw Boulevard,
Executive Summary
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.
Property Facts
Sale Type
Owner User
Property Type
Building Size
864 SF
Building Class
C
Year Built
1921
Price
$675,000
Price Per SF
$781.25
Tenancy
Single
Building Height
1 Story
Typical Floor Size
864 SF
Building FAR
0.18
Lot Size
0.11 AC
Zoning
LAC2 - LAC2 - Tier 3 zoning allows for diverse commercial uses - check with the City of Los Angeles
Amenities
- Fenced Lot
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4006-003-028 | Improvements Assessment | $33,577 |
| Land Assessment | $83,966 | Total Assessment | $117,543 |
Property Taxes
Parcel Number
4006-003-028
Land Assessment
$83,966
Improvements Assessment
$33,577
Total Assessment
$117,543
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6216 Crenshaw Blvd
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