3501 Crenshaw Boulevard Los Angeles, CA $ 7,495,000
3501 Crenshaw Boulevard
$ 7,495,000
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3501 Crenshaw Boulevard

Los Angeles, CA, 90016
$ 7,495,000
Bedrooms-- Baths--

Monthly Estimate*

$ 46,759

3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 1
3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 2
3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 3
3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 4
3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 5
3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 6
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3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 8
3501 Crenshaw Boulevard, Los Angeles, CA 90016 - Image 9

Commercial Property for sale in Los Angeles, CA

for $7,495,000. This building was built in 1959.

We are pleased to present Gateway on Crenshaw, a RTI 136 unit + commercial development opportunity located along one of the most dynamic corridors in the country with an Opportunity Zone designation. As a cornerstone to the West Adams and Crenshaw corridor neighborhood, the property is primed from a development firm to take advantage of this dynamic and ever improving location. The existing RTI plans for 136 units have been meticulously prepared by a reputable architectural firm and provide a healthy unit mix of 1,2, and 3-bedrooms units throughout with parking for both residential and commercial tenants. As an ED1 eligible project, the property has potential for a 330 unit7-story project, or a 180 unit 5-story project. Located within steps of two metro rails line (E Line: Santa Monica to Downtown, and K Line: Crenshaw to LAX Airport) and multiple bus lines, the property caters itself to a level of walkability difficult to achieve anywhere else in Los Angeles. Tenants will have ease of access to numerous employment hubs via rapid transit to Culver City, SantaMonica, Downtown Los Angeles, and the South Bay. Contact the listing broker for additional information.

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Commercial Active

Price

$ 7,495,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025494643

Features
General
Zoning LAC2-2D
Year Built 1959
Business Type Retail
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area PHHT - Park Hills Heights
Lot Size Square Feet 0.0
Standard Status Active
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Exterior
Lot Features Corner Lot
Lot Size Area 27982.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 1
Total Baths 0
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* Excluded Features
List By
Casey Lins

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$46,759
Per Month
100%
0%
0%
Monthly Principal & Interest
$46,759
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$7,495,000 -6.25% Price Down
5/27/2025$7,995,000 -11.12% Price Down
2/5/2025$8,995,000 Listed Price

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3501 Crenshaw Boulevard, Los Angeles, CA, 90016 is a Commercial Property for sale at $7,495,000. 3501 Crenshaw Boulevard was built in 1959. The property's zip code is 90016 which is in Los Angeles, CA