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15333 Crenshaw Blvd | Los Angeles CA | 7238932555

BryantHoover Thompson Team Real Estate
$3,200,000

15333 Crenshaw Blvd, Gardena, CA 90249 - MLS SB24009752

Price:
$3,200,000
Location:
15333 Crenshaw Blvd, Los Angeles, CA
Description:

Located at the southwest corner of Crenshaw and 154th Street, straddling the Gardena and Los Angeles boundary, this expansive property comprises three parcels, each uniquely zoned for both residential (R-3) and commercial (C-2) purposes, spanning a total area of 20,817 square feet. - Parcel : This parcel features two residences, located at 15343 S Eriel Ave and 15338 Eriel Ave in Gardena, CA 90249. Collectively, these homes are valued at approximately $1,740,537. - Parcel : Currently utilized as a parking and storage space for La Villa Restaurant, this parcel's estimated value stands around $713,000. - Parcel : A combination of the La Villa Restaurant, situated at 15333 Crenshaw Blvd, Gardena, CA 90249, and a residential property at 15326 S Eriel Ave, Gardena, CA 90249. The combined estimated value of these properties is about $1,753,000. The collective estimated value of these parcels is approximately $4,206,527. Offered for sale at $3,200,000, this presents an opportunity for the new owner to gain around $1,000,000 in value. This distinctive property offers the best of both worlds: residential tranquility on the west side within El Camino Village, boasting significant traffic with over 26,539 vehicles per day (VPD) on 154th Street. On the east side, facing Crenshaw Boulevard - a bustling thoroughfare with over 27,865 VPD - the parcels are zoned C-2, suitable for commercial development. This property's uniqueness lies in its dual zoning, offering flexibility for both residential and commercial use. Additionally, there is potential for further development, with the city permitting up to 20 units on the site. This blend of residential charm and commercial opportunity makes it a rare find in a sought-after location. Under SBAP - Minimum Density 24 and Maxium Density will allow up to 72 Units. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Sq feet:
20,817 sq. ft.
Amenities:
Storage
For sale by:
Agent/Broker
Agent Name:
BryantHoover Thompson Team Real Estate, Inc.
April 15 on ListedBuy
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More About this Listing: 15333 Crenshaw Blvd, Gardena, CA 90249 - MLS SB24009752
15333 Crenshaw Blvd, Gardena, CA 90249 - MLS SB24009752 is a Commercial Real Estate for Sale at 15333 Crenshaw Blvd in Los Angeles CA. Find other listings like 15333 Crenshaw Blvd, Gardena, CA 90249 - MLS SB24009752 and listings near 15333 Crenshaw Blvd by searching Oodle Classifieds for Commercial Real Estate for Sale in Los Angeles CA.