Property Description

This 21,555-square-foot site boasts 120 linear feet of frontage along Crenshaw Blvd. and is located just two blocks from the Slauson/Crenshaw Metro stop. The property currently includes a vacant storage unit and a billboard situated at the southwestern corner of the lot. This flat parcel is designated as a Tier 3 Transit-Oriented Community (TOC) area, benefiting from density bonuses, reduced parking requirements, and setback allowances. The adjacent parcel, 6216 Crenshaw Blvd, parcel number 4006-003-028, can also be purchased. This will add 4,800 sf of land to the project increasing density and facilitating the build. Both lots total 26,355 square feet.

Investment Highlights

• Rare vacant lot consisting of three adjacent parcels totaling 26,355 sf of buildable lot
• The lot is zoned C2 and benefits from a Transit Oriented Community (TOC) Tier 3 status allowing for a 70% density bonus
• Ideally situated just two blocks from the metro station offering exceptional accessibility and enhancing the site’s appeal for development

• Subject property is situated in Hyde Park on Crenshaw Blvd between Inglewood and Leimert Park in a rapidly evolving neighborhood
• The property is located along the Crenshaw/LAX Metro Line, and 8.5-mile transit corridor connecting the Metro E Line(Exposition) to LAX.