4924 CRENSHAW Blvd

Seller has located an exchange property every reasonable offer will be considered, This property is being sold for land value only. Three lots are being sold together for a total of 22,856sqft for ($5,712,000 ) Zoning LAC2. Can build up to 75 ft. high (approx. six story) building(s) with about 77,000 gross square footage and 65000 net living space. Can accommodate up to 90 apartment units - generating up to $225,000 a month. Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.