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Investment Highlights

  • Located in opportunity zone
  • Approved plans for 18 units

Executive Summary

Approved Plans for 18 Units - MULTIFAMILY DEVELOPMENT OPPORTUNITY located within a designated Opportunity Zone along the rapidly evolving Crenshaw Boulevard corridor. Situated on an approximately 8,831 SF corner lot, 7323 Crenshaw Blvd is being offered with a four-story apartment building consisting of 16 market-rate units and only 2 affordable units. The approved project features an attached carport, elevator, rooftop amenity area and bicycle parking and is designated TOC Tier 3.With plans approved and the project fully RTI, a developer has the opportunity to bypass much of the lengthy entitlement and design process and move directly toward construction. Ideally positioned at Crenshaw Blvd and 74th Street with convenient access to LAX, SoFi Stadium, Intuit Dome, USC, West Adams, Culver City and DTLA. An exceptional opportunity for a developer or investor seeking a ready-to-build multifamily project in Los Angeles. Buyer to independently verify all plans, permits, zoning, Opportunity Zone designation, TOC incentives, affordable housing requirements and development potential. Contact Listing Agent for Offering Memorandum with development breakdown and property potential!

Property Facts

Price $1,658,027 CAD
Price Per Unit $92,113 CAD
Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Construction Status Proposed
Building Size 19,791 SF
No. Stories 4
Zoning C-2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 18 - -
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4012-018-001
Land Assessment
$491,366 CAD
Improvements Assessment
$434,041 CAD
Total Assessment
$925,407 CAD
  • Listing ID: 41827395

  • Date on Market: 2026-08-20

  • Last Updated:

  • Address: 7323 Crenshaw Blvd, Los Angeles, CA 90043

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