Millman Team Real Estate

$1,080,000
0.20 Acre Lot

7323 Crenshaw Boulevard, Los Angeles, California 90043

  • Commercial Sale Property Type
Property Description

Back on the marker (APPROVED PLANS FOR 18 UNITS) 7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are Approved 18 units apartment building with carport, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units 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. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.

Basic Details
Commercial Sale
For Sale
SR26016243
$1,080,000
0.20 Acre
Active
Mixed Use
Features
: See Remarks
: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Natural Gas Available, Phone Available, Phone Connected
$0
Address Map
CA
Los Angeles
Los Angeles
90043
Crenshaw
7323
Boulevard
Crenshaw Blvd and 74th St
PHHT - Park Hills Heights
Additional Information
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14458
: Commercial, Multi-Family
Electricity - On Property
2
: Corner Lot, Value In Land, Near Public Transit
2026-01-22
4
: Public
Broker/Agent Information
Flat Fee Inc.
Steven Sarahang
Listing Information
F207016697
F2499001
Cash,Cash to New Loan
Active
2026-01-23T00:20:46Z
CRMLS
: Standard
2026-01-22T16:07:36Z
Agent info
Ray Millman
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