$7,495,000
$2M PRICE DROP

3501 Crenshaw Blvd Los Angeles, CA 90016

West Adams Neighborhood

Estimated payment $48,333/month

Total Views 8,580
0.64 Acre
$11,710,938 Price per Acre
27,878 Sq Ft Lot

About This Lot

We are pleased to present Gateway on Crenshaw, a RTI 136 unit + commercial development opportunity located along one of the most dynamic corridors in the country with an Opportunity Zone designation. As a cornerstone to the West Adams and Crenshaw corridor neighborhood, the property is primed from a development firm to take advantage of this dynamic and ever improving location. The existing RTI plans for 136 units have been meticulously prepared by a reputable architectural firm and provide a healthy unit mix of 1,2, and 3-bedrooms units throughout with parking for both residential and commercial tenants. As an ED1 eligible project, the property has potential for a 330 unit7-story project, or a 180 unit 5-story project. Located within steps of two metro rails line (E Line: Santa Monica to Downtown, and K Line: Crenshaw to LAX Airport) and multiple bus lines, the property caters itself to a level of walkability difficult to achieve anywhere else in Los Angeles. Tenants will have ease of access to numerous employment hubs via rapid transit to Culver City, SantaMonica, Downtown Los Angeles, and the South Bay. Contact the listing broker for additional information.

Listing Agent

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 02/05/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.64 Acre Lot
  • Corner Lot
  • Property is zoned LAC2-2D

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5046-001-042

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.6400
  • Probate: No
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Three Parcels Total: 5046-001-042, 5046-001-041, & 5046-001-029

Exterior Features

  • Public Street: Yes
  • Street Lights: Yes
  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5046-001-042
  • Lot Location: Corner Lot, Alley Access
  • Lot Size Area: 27982
  • Site Decription: City

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $7,495,000 -6.3% --
05/28/2025 05/28/25 Price Changed $7,995,000 -11.1% --
02/05/2025 02/05/25 For Sale $8,995,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25494627

The MLS

California Los Angeles County Los Angeles 90016 West Adams

3501 Crenshaw Blvd, Los Angeles, CA

This home is located at 3501 Crenshaw Blvd, Los Angeles, CA 90016 and is currently priced at $7,495,000. 3501 Crenshaw Blvd is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Casey Lins
Listing Agent
Casey Lins
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Kidder Mathews of California, Inc.
(714) 333-6768