New 100% Affordable Senior Housing ED1 Project at just $52,500 per Buildable Unit with One and Two bedrooms! Located at 5879 Crenshaw Boulevard, Los Angeles, CA 90043, this prime land is listed for sale at $1,995,000, with a price per buildable unit of approximately $52,500. The property falls under several strategic zoning designations: LAC2-2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hub zone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is across the street from the Hyde Park Metro stop of the new K Line. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Downey
Office Phone: (562) 334-1500
Listing Agent: Stephen F. Watson
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Other
Directions Information:
Directions: From the 10, take the Crenshaw exit South until you get to the destination. The destination will be after Slauson on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,995,000
Tax Information:
Annual Amount: $12,835
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $971.5K 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: #24408329
Listing Office:
Office Name: Keller Williams Realty Downey
Office Phone: (562) 334-1500
Listing Agent: Stephen F. Watson
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: 11/21/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 02, 2018
Aug 02, 2018Home Sold
$999,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,835
$1,029,535
2020
$12,463
$1,018,980
2019
$493
$999,000
2018
$540
$937,168
2017
$540
$918,793
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
Crete Academy
6103 Crenshaw Blvd
Distance between this listing and this school0.21 miles
Public Charter Grades KG-6
3
/10
Icef View Park Preparatory Elementary School
5311 Crenshaw Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades KG-5
4
/10
Young Empowered Scholars Academy
3140 Hyde Park Blvd
Distance between this listing and this school0.52 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 school0.49 miles
Public Charter Grades 6-8
3
/10
Alliance Virgil Roberts Leadership Academy
2941 W 70th St
Distance between this listing and this school0.78 miles
Public Charter Grades 6-8
5
/10
Today's Fresh Start-Compton
4476 Crenshaw Blvd
Distance between this listing and this school1.03 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Icef View Park Preparatory High School
5701 Crenshaw Blvd
Distance between this listing and this school0.20 miles
Public Charter Grades 9-12
2
/10
Whitney Young Continuation
3051 W 52nd St
Distance between this listing and this school0.61 miles
Public District Grades 9-12
2
/10
Crenshaw Magnet High School
5010 11th Ave
Distance between this listing and this school0.66 miles
The neighbors living near this home have an average income of $34,571. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5879 Crenshaw Blvd
What is the listing price of this property?
The listing price of 5879 Crenshaw Blvd property is $1,995,000.
What type of property is this?
The property 5879 Crenshaw Blvd is land located in Los Angeles, California, 90043.
Is this property for sale now?
Active Listing: 5879 Crenshaw Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,835 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 2, 2018 for $999,000. (source: MLS/tax record).
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This home is located at 5879 Crenshaw Blvd in Los Angeles, CA and zip code 90043 in the South LA neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,995,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 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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