4928 Crenshaw Blvd Los Angeles, CA 90043
Hyde Park NeighborhoodEstimated payment $10,390/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 7,618 Sq Ft Lot
- Property is zoned LAC2
Property Views
- City Lights Views
Utilities
- Sewer in Street
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5013-020-015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,496 | $418,317 | $418,317 | -- |
| 2024 | $5,496 | $410,115 | $410,115 | -- |
| 2023 | $5,393 | $402,074 | $402,074 | $0 |
| 2022 | $5,145 | $394,191 | $394,191 | $0 |
| 2021 | $4,943 | $386,462 | $386,462 | $0 |
| 2019 | $4,803 | $375,000 | $375,000 | $0 |
| 2018 | $2,280 | $165,525 | $164,234 | $1,291 |
| 2016 | $2,119 | $159,099 | $157,857 | $1,242 |
| 2015 | $2,089 | $156,710 | $155,486 | $1,224 |
| 2014 | $2,109 | $153,642 | $152,441 | $1,201 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/20/2024 08/20/24 | For Sale | $1,890,000 | +481.5% | -- | |
| 10/15/2018 10/15/18 | Sold | $325,000 | -18.5% | $228 / Sq Ft | View Prior Sale |
| 09/30/2018 09/30/18 | Pending | -- | -- | -- | |
| 09/27/2018 09/27/18 | For Sale | $399,000 | -- | $280 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $750,000 | First American Title Company | |
| Individual Deed | $255,000 | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $102,000 | No Value Available | |
| Closed | $12,750 | No Value Available |
Source: The MLS
MLS Number: 24-431999
APN: 5013-020-015
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