5879 Crenshaw Blvd Windsor Hills, CA 90043
Hyde Park NeighborhoodEstimated payment $14,903/month
About This Lot
Located at 5879 Crenshaw Blvd, Los Angeles 90043, the site sits on an approx. 8,418 SF lot zoned LAC2-2D-SP. The property is conveniently situated on the heavily trafficked, major North-South artery of Crenshaw Blvd, surrounded by neighboring essential retail and directly adjacent to Metro Line - Hyde Park Station. Listed for sale at $2,500,000, with a price per buildable unit of approximately $65,789. After completing our development analysis, we believe the development will feature 38 units with TOC tier 4 or even more units with 100% affordable. The property falls under several strategic zoning designations: LAC2- 2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hubzone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is just one block from the K Line station at Crenshaw and Slauson. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop. This property is part of the transformative developments along the Crenshaw Boulevard corridor, which have been spurred by the arrival of the K Line. It joins other affordable housing projects in the area, such as the Depot at Hyde Park and Hope on Hyde Park apartments.Currently, the site has a small vacant church and vacant duplex, both are ready for demo. This offering presents a unique redevelopment opportunity for investors seeking a feasible project in one of South L.A.'s strongest rental pocket.Buyer to verify all information.
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,638
Lot Details
- 8,417 Sq Ft Lot
- Property is zoned LAC2
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4005-003-012
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 | $16,638 | $1,336,914 | $1,326,510 | $10,404 |
| 2024 | $16,638 | $1,310,700 | $1,300,500 | $10,200 |
| 2023 | $17,529 | $1,285,000 | $1,275,000 | $10,000 |
| 2022 | $13,119 | $1,050,125 | $840,942 | $209,183 |
| 2021 | $12,835 | $1,029,535 | $824,453 | $205,082 |
| 2019 | $12,464 | $999,000 | $800,000 | $199,000 |
| 2018 | $494 | $937,168 | $624,780 | $312,388 |
| 2017 | $540 | $918,793 | $612,530 | $306,263 |
| 2016 | $11,230 | $900,778 | $600,520 | $300,258 |
| 2015 | $11,070 | $887,248 | $591,500 | $295,748 |
| 2014 | $506 | $869,869 | $579,914 | $289,955 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $2,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,211,000 | Stewart Title Guaranty Company | |
| Warranty Deed | -- | Fidelity National Title | |
| Grant Deed | $999,000 | Lawyers Title | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | $750,000 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,200,000 | New Conventional | |
| Closed | $1,700,000 | Seller Take Back | |
| Previous Owner | $735,000 | No Value Available | |
| Previous Owner | $600,000 | Purchase Money Mortgage | |
| Closed | $0 | Seller Take Back |
Source: The MLS
MLS Number: 25566151
APN: 4005-003-012
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© 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.
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