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$3,477,777
Est. payment /mo
5,501 Sqft Lot
UPDATED:
09/30/2024 06:43 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24099023
HOA Y/N No
Year Built 1939
Lot Size 5,501 Sqft
Property Description
Step into the future of real estate investment at 4279-4281 Crenshaw Blvd in the vibrant heart of Leimert Park, one of Los Angeles' most iconic neighborhoods! Presenting an unparalleled opportunity to seize a prime piece of commercial real estate primed for transformation into a residential haven.
This property boasts a current configuration of one level, fully occupied by thriving businesses, ensuring immediate returns on your investment. However, its true potential lies in its approved plans for a visionary redevelopment. With the green light for construction of five 1-bedroom units and one 2-bedroom unit spanning approximately 3,125 square feet, this site is poised to redefine urban living in Los Angeles.
Imagine a sleek, modern structure rising up to three stories, offering a total lifestyle transformation. Each thoughtfully designed unit promises contemporary living spaces flooded with natural light, crafted to meet the demands of today's discerning residents. And with the added allure of a roof terrace, residents will enjoy breathtaking views of the surrounding cityscape, creating an urban oasis unlike any other.
Location is key, and this property delivers. Nestled in the vibrant Leimert Park area, it enjoys proximity to the new metro/subway station, ensuring effortless connectivity to all corners of Los Angeles. From cultural landmarks to trendy eateries and boutiques, everything the City of Angels has to offer is within easy reach.
Don't miss your chance to be a part of the transformation of this iconic Los Angeles area. Invest in the future today at 4279-4281 Crenshaw Blvd and reap the rewards for years to come!
This property boasts a current configuration of one level, fully occupied by thriving businesses, ensuring immediate returns on your investment. However, its true potential lies in its approved plans for a visionary redevelopment. With the green light for construction of five 1-bedroom units and one 2-bedroom unit spanning approximately 3,125 square feet, this site is poised to redefine urban living in Los Angeles.
Imagine a sleek, modern structure rising up to three stories, offering a total lifestyle transformation. Each thoughtfully designed unit promises contemporary living spaces flooded with natural light, crafted to meet the demands of today's discerning residents. And with the added allure of a roof terrace, residents will enjoy breathtaking views of the surrounding cityscape, creating an urban oasis unlike any other.
Location is key, and this property delivers. Nestled in the vibrant Leimert Park area, it enjoys proximity to the new metro/subway station, ensuring effortless connectivity to all corners of Los Angeles. From cultural landmarks to trendy eateries and boutiques, everything the City of Angels has to offer is within easy reach.
Don't miss your chance to be a part of the transformation of this iconic Los Angeles area. Invest in the future today at 4279-4281 Crenshaw Blvd and reap the rewards for years to come!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Near Public Transit, Paved, Street Level
Story 1
Water Public
Others
Tax ID 5024007005
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
Special Listing Condition Standard
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Listed by Elgin Walker • eXp Realty of California Inc • 661.347.6248