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5879 Crenshaw Blvd
Los Angeles, CA 90043
Crenshaw Heritage Square. · Property For Sale
Investment Highlights
- Located on Crenshaw Boulevard, a major north-south corridor in Los Angeles, ensuring high visibility and traffic exposure.
- Surrounded by essential retail, dining, and community amenities, contributing to a vibrant and walkable environment.
- Situated in a designated HubZone and Los Angeles State Enterprise Zone, providing potential economic development benefits for qualifying projects.
- Part of the Crenshaw Corridor revitalization area, benefiting from ongoing infrastructure improvements and new development activity.
Executive Summary
Daughrity Real Estate is pleased to present Crenshaw Heritage Square, a rare RTI, transit-oriented development assemblage positioned in the heart of Nipsey Hussle Square along the historic Crenshaw Corridor. This ±8,419 SF infill site is entitled for approximately 30 residential units over activated ground-floor commercial, allowing a developer to step directly into execution mode and compress the typical entitlement and design risk. With prominent Crenshaw Blvd frontage and rear access on 59th Street, the project offers an efficient building envelope, strong visibility, and flexible site planning for parking, circulation, and separate residential/commercial entries.
Strategically located just steps from the Metro K Line Hyde Park Station and at the globally recognized intersection of Crenshaw & Slauson, the property sits at the crossroads of culture, transit, and long-term neighborhood investment. The surrounding area is seeing significant public and private capital, including new housing, streetscape improvements, and Destination Crenshaw’s cultural infrastructure, all of which support durable renter demand and strong branding potential for a new mixed-use asset. For investors seeking a bite-sized, institutional-quality land play with clear development guidance, Crenshaw Heritage Square combines RTI certainty, transit-oriented fundamentals, and a powerful legacy-driven story that is difficult to replicate anywhere else in Los Angeles.
Strategically located just steps from the Metro K Line Hyde Park Station and at the globally recognized intersection of Crenshaw & Slauson, the property sits at the crossroads of culture, transit, and long-term neighborhood investment. The surrounding area is seeing significant public and private capital, including new housing, streetscape improvements, and Destination Crenshaw’s cultural infrastructure, all of which support durable renter demand and strong branding potential for a new mixed-use asset. For investors seeking a bite-sized, institutional-quality land play with clear development guidance, Crenshaw Heritage Square combines RTI certainty, transit-oriented fundamentals, and a powerful legacy-driven story that is difficult to replicate anywhere else in Los Angeles.
Property Facts
| Price / SF | $710.59 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 3,096 SF |
| Status | Active | Total Land Area | 0.54 AC |
| Number of Properties | 2 |
| Price / SF | $710.59 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,096 SF |
| Total Land Area | 0.54 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Crenshaw Metro Development
5879 Crenshaw Blvd, Los Angeles, CA 90043 |
Land | 0.34 AC | - | - |
| 5879 Crenshaw Blvd, Los Angeles, CA 90043 | Specialty | 3,096 SF | 1946 | - |
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