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5300 Crenshaw Blvd, Los Angeles, CA 90043
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5300 Crenshaw Blvd Los Angeles, CA 90043

$5,250,000 Sold Price as of 09/23/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$5,250,000 Sold Price as of 09/23/2022 Refinance Your Mortgage
Map preview of 5300 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 5300 Crenshaw Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 19,007 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: “5300 Crenshaw” is a 5-story, 82-unit apartment plus retail development site located in the booming Crenshaw/Leimert Park/Hyde Park area of Los Angeles. The offering is a large, 19,007 square foot corner lot which has phenomenal street exposure along Crenshaw Boulevard. The new light rail Metro K Line (not yet open) runs directly in front of the property, allowing a developer to maximize square feet allowed on the site in addition to being a huge transportation amenity to future tenants. This development is also located squarely within an “Opportunity Zone”, offering exceptional tax advantages to a developer looking to hold the property for 10+ years.

Listed by Doug Rodermund | BRE #01314304 | Morgan Skenderian
Last checked: 16 minutes ago | Last updated: October 3rd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
19,007
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
PW21266924
City
Los Angeles
County
Los Angeles
Time on Site
881 days

Property Details for 5300 Crenshaw Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Flag Lot, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • No View
  • View: None
  • Parcel Number: 5006007007
  • Has Land Lead
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Other
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw Blvd. and North of W. 5th Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 5300 Crenshaw Blvd

Last sold for $5,250,000 on September 23rd, 2022

  • September, 2022

  • Sep 23, 2022

    Date

    Sold

    CRMLS: PW21266924

    $5,250,000

    Price

  • Dec 20, 2021

    Date

    Active

    CRMLS: PW21266924

    $5,500,000

    Price

  • March, 2000

  • Mar 27, 2000

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • January, 1998

  • Jan 7, 1998

    Date

    Sold (Public Records)

    Public Records

    $688,500

    Price

Show More

Tax History for 5300 Crenshaw Blvd

Assessed Value (2020): $1,054,019
Year Land Value Improved Value Assessed Value
2020 $667,548 $386,471 $1,054,019

Home Value Compared to the Market

This property vs the competition

5300 Crenshaw Blvd sold on September 23, 2022 for 362.18% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 5300 Crenshaw Blvd

Detailed summary of property

5300 Crenshaw Blvd is a land that recently sold in Los Angeles, CA 90043. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 19,007 square foot lot. 5300 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on December 20, 2021. The homeowner sold the property for $5,250,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 362.18% higher than the current median priced home. Local homes that are currently for sale include 453 Dalehurst Ave, 2829 Waverly Dr and 1862 Mango Way. While the average home in Los Angeles, CA is selling in 92 days, 5300 Crenshaw Blvd has a days on market of 72 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 5300 Crenshaw Blvd Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5300 Crenshaw Blvd

Public county record property details
Beds
--
Baths
--
Year built
1998
Sq. Ft.
3,520
Lot Size
19,007
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
313,314
APN
5006-007-007

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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