StatusAccepting Backup Offers (Active Under Contract)
About 5471 Crenshaw Blvd
$2M Price Reduction! 5471 Crenshaw Blvd, a +/- 23,979sf C2-2D zoned, Tier 4 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located just 1-block away from the new LAX to 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. The building is currently improved with a +/-5,317sf commercial building and a parking lot that can accommodate 25+ cars. Currently, Bank of America operates 2 ATM's on the property with 4 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $167/sf on land, and $37K/developable unit, in line with comparable sales nearby.
Property Details
Property Features
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Casey Lins
Exterior Features
Exterior Information:
View: City Lights
Lot Features
Lot Information:
Lot Size: 0.55 Acres
Other
Directions Information:
Directions: Google Maps: 5471 Crenshaw Blvd. Los Angeles, CA 90043
Price Information
Listing Price Info
Price Summary:
List Price: $3,995,000
Tax Information:
Annual Amount: $11,514
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.9M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23255461
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Casey Lins
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 4:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,514
$826,057
2020
$11,212
$817,587
2019
$10,645
$801,557
2018
$10,438
$785,841
2017
$10,438
$770,433
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Icef View Park Preparatory Elementary School
5311 Crenshaw Blvd
Distance between this listing and this school0.23 miles
Public Charter Grades KG-5
3
/10
Crete Academy
6103 Crenshaw Blvd
Distance between this listing and this school0.46 miles
Public Charter Grades KG-6
3
/10
Angeles Mesa Elementary
2611 W 52nd St
Distance between this listing and this school0.62 miles
Public District Grades KG-5
Nearby Schools
5
/10
Icef View Park Preparatory Middle School
5311 Crenshaw Blvd
Distance between this listing and this school0.23 miles
Public Charter Grades 6-8
5
/10
Today's Fresh Start-Compton
4476 Crenshaw Blvd
Distance between this listing and this school0.77 miles
Public Charter Grades KG-8
3
/10
Alliance Virgil Roberts Leadership Academy
2941 W 70th St
Distance between this listing and this school1.03 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Icef View Park Preparatory High School
5701 Crenshaw Blvd
Distance between this listing and this school0.06 miles
Public Charter Grades 9-12
2
/10
Whitney Young Continuation
3051 W 52nd St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
2
/10
Crenshaw Magnet High School
5010 11th Ave
Distance between this listing and this school0.42 miles
The neighbors living near this home have an average income of $58,981. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5471 Crenshaw Blvd
What is the listing price of this property?
The listing price of 5471 Crenshaw Blvd property is $3,995,000.
What type of property is this?
The property 5471 Crenshaw Blvd is land located in Los Angeles, California, 90043.
Is this property for sale now?
Accepting Backup Offers: 5471 Crenshaw Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,514 (source: MLS/based on county public records data).
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This home is located at 5471 Crenshaw Blvd in Los Angeles, CA and zip code 90043 in the South LA neighborhood. This home sits on a 0.55 acre lot. It has been listed on Rocket Homes since June 26, 2023 and is currently priced at $3,995,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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