NOT LISTED FOR SALE

6320 Crenshaw Blvd Los Angeles, CA 90043

Hyde Park Neighborhood

Estimated Value: $1,910,000 - $2,069,000

0.25 Acre
$8,177,465 Price per Acre
10,773 Sq Ft Lot

Last Sold December 06, 2023

Last sale price $1,387,500 $610 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,809/month

153 Days on Market

About This Lot

As of December 2023

A development opportunity at 6320 Crenshaw Blvd, a 10,772 SF lot zoned C2-2D-SP in a Tier 3 TOC in the Hyde Park neighborhood between W 63rd St and Hyde Park Blvd. Offered at a low $144 PSF at the asking price; no tenant relocation or replacement units required; currently, there is an existing 2,276 SF single-family residence that will be delivered vacant at the close of escrow. Currently unentitled, this is an opportunity to build 26 units by-right or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through Executive Directive 1 if a 100% affordable housing project is pursued. Many retail amenities along Crenshaw Blvd; Additionally, there are multiple Metro local line bus stops on the corner of Crenshaw Blvd & Hyde Park Blvd. Located less than three miles from SoFi Stadium, the Kia Forum, and Hollywood Park Casino in Inglewood; to the north, the subject property is two miles from the Baldwin Hills Crenshaw Plaza

Last Agent to Sell the Property

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 06/07/2023

Last Buyer's Agent

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 06/07/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,475

Lot Details

  • 10,773 Sq Ft Lot
  • Property is zoned LAC2

Property Views

  • City Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4006-010-012

Property Details

Property Type

Land

Est. Annual Taxes

$9,475

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2473
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4006-010-012
  • Lot Size Area: 10773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Dec 1, 2023
Sold by
Mu Wenhao and Li Ang
Bought by
Psalms Development Llc
Seller's Agent
Neema Ahadian
Marcus & Millichap
Buyer's Agent
Neema Ahadian
Marcus & Millichap
List Price
$1,550,000
Sold Price
$1,387,500
Premium/Discount to List
-$162,500
-10.48%
Views
29
Current Estimated Value
$2,022,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,787
Avg. Annual Appreciation
25.31%

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 27, 2017
Sold by
An Annie
Bought by
Li Ang
Seller's Agent
Roland Harris
The Real Estate Group
Buyer's Agent
Roland Harris
The Real Estate Group
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 24, 2017
Sold by
Arthur Tracy N
Bought by
Mu Wenhao and Li Ang
Seller's Agent
Roland Harris
The Real Estate Group
Buyer's Agent
Roland Harris
The Real Estate Group
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Psalms Development Llc $1,387,500 Old Republic Title Company
Li Ang -- Fidelity National Title Co
Mu Wenhao $650,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mu Wenhao $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $1,387,500 -10.5% $610 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,550,000 +138.5% $681 / Sq Ft
05/01/2017 05/01/17 Sold $650,000 -7.0% $286 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $699,000 -- $307 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $9,475 $1,415,250 $1,377,000 $38,250
2024 $9,475 $739,584 $591,668 $147,916
2023 $9,302 $725,083 $580,067 $145,016
2022 $8,889 $710,867 $568,694 $142,173
2021 $8,774 $696,930 $557,544 $139,386
2019 $8,522 $676,260 $541,008 $135,252
2018 $8,360 $663,000 $530,400 $132,600
2016 $1,610 $101,792 $74,262 $27,530
2015 $1,592 $100,264 $73,147 $27,117
2014 $1,611 $98,301 $71,715 $26,586
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Neema Ahadian

    Marcus & Millichap

    (213) 943-1800

    1 in this area

    88 Total Sales

    Section Image

  • R

    Seller's Agent in 2017

    Roland Harris

    The Real Estate Group

    (310) 270-6584

    6 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-304859

The MLS

APN: 4006-010-012

California Los Angeles County Los Angeles 90043 Hyde Park

6320 Crenshaw Blvd, Los Angeles, CA

This home is located at 6320 Crenshaw Blvd, Los Angeles, CA 90043 since 07 June 2023 and is currently estimated at $2,022,287, approximately $888 per square foot. 6320 Crenshaw Blvd is a home located in Los Angeles County with nearby schools including Yes Academy, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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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.
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