- $2.3M Price
- .19 Acres
- 180 DOM
5879 Crenshaw Boulevard
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 $2,300,000, with a price per buildable unit of approximately $60,526. 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.
Essential Information
- MLS® #25566151
- Price$2,300,000
- Bathrooms0.00
- Acres0.19
- TypeLand
- StatusActive
Community Information
- Address5879 Crenshaw Boulevard
- AreaPHHT - Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
Amenities
- ViewNone
Additional Information
- Date ListedJuly 1st, 2025
- Days on Market180
- ZoningLAC2
Listing Details
- AgentMichael R. Fukushima
- OfficeKeller Williams Los Angeles
Price Change History for 5879 Crenshaw Boulevard, Los Angeles, (MLS® #25566151)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,500,000 to $2,300,000 |
Michael R. Fukushima, Keller Williams Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. as of December 28th, 2025 at 2:15am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.