Property Description

New 100% Affordable Senior Housing ED1 Project t just $52,500 per buildable unit with one and two bedrooms! Located at 5859 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $2,500,000. The property falls under several strategic zoning designations: LAC2-2D-SP,Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hub Zone, and Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw and W 59th Sr, it is across the street from the Hyde Park Metro stop and new K line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located within 0.5% miles within a major transit stop.

ESSENTIAL INFO

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