Overview
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Description
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.
Address
Open on Google Maps- Address Crenshaw
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90043
Details
Updated on April 16, 2026 at 10:07 am- Property ID: HZ26683867
- Price: $675,000
- Bathroom: 0
- Property Status: Land
- Listed by: Shawn S. Kormondy
- DRE #: 01451888
- Contact Mail: skor@SkorREG.com
- Brokered by: Keller Williams Beverly Hills
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