15333 Crenshaw Boulevard

Gardena, CA 90249

$3,200,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $424 / sqft

1947

calendar_month Built

Property 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 4070-001-024**: 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 4070-001-023**: Currently utilized as a parking and storage space for La Villa Restaurant, this parcel's estimated value stands around $713,000. - **Parcel 4070-001-022**: 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

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 15333 Crenshaw Boulevard
City Gardena
State CA
Zip 90249
County Los Angeles
Listing Agent Bryant Hoover DRE#01368589
Courtesy Of Thompson Team Real Estate, Inc.
MLS SB24009752
List Price $3,200,000
Status Active
Type Commercial
Subtype Mixed Use
Structure Size N/A
Lot Size N/A
Year Built 1947
DOM 75

Exterior Information

Maps

Listing information courtesy of: Bryant Hoover, Thompson Team Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 1st, 2024 at 11:27 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.