Keller Williams Hollywood Hills - Josana Joseph
1/12
Listed By: Flat Fee Inc., 818-402-4266, Steven Sarahang
Local Realty Services Provided By: Keller Williams Beverly Hills
Overview
What It'll Cost
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$1,250,000
7323 Crenshaw Boulevard, Los Angeles, CA 90043
.2 ac
$1,250,000

7323 Crenshaw Boulevard, Los Angeles, CA 90043

Estimation provided by Keller Williams Realty Inc.
.2 ac
Active
For Sale

Property Description

(APPROVED PLANS FOR 18 UNITS) 7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are Approved 18 units apartment building with carport, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.

Property Details

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Overview
Property Type
Land
Days on Site
74 Days
Parking
No
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $1,250,000
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Price & Tax History

Date
Event
Price
01/14/2025
Listed
$1,250,000
(+121.24%)
$6,166,749/ac
07/14/2016
Sold
$565,000
(-13.08%)
$2,787,370/ac
01/11/2008
Sold
$650,000
$3,206,709/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$787.69
(+4.46%)
$51,693
Land 51,693
2022
$754.08
(+0.9%)
$49,687
Land 49,687
2021
$747.33
(-90.21%)
$49,687
Land 49,687
2019
$7,634
(+4.38%)
$599,582
Land 318,362 + Additions 281,220
2017
$7,314
$576,300
Land 306,000 + Additions 270,300
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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