Take advantage of this prime development opportunity in the Hyde Park neighborhood with a commercially zoned lot of approximately 4,800 SF. Zoned LAC2 Tier 3 with 40 feet of frontage along Crenshaw Blvd, the property offers the potential to build up to 6 units by right, and up to 10 units utilizing the Tier 3 density bonus with added incentives such as reduced parking requirements and more flexible setback allowances (buyer to verify and conduct their own due diligence). In addition to its residential development potential, the site supports a wide range of commercial uses, including retail, professional services, creative space, or future redevelopment. The property currently features a vacant office building of approximately 864 SF, previously used as a recycling business. Centrally located with strong visibility along Crenshaw Blvd and surrounded by numerous shops and restaurants, this is an ideal opportunity for an owner-user or developer looking to establish a presence in a vibrant, growing market.
Details
MLS #
26683867
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
143
Listing Provided By
Keller Williams Beverly Hills | Shawn S. Kormondy
Features
Zoning
LAC2
Acreage
0.11
Property View
Yes
Utilities
Sewer
Other
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90043
Area
PHHT Park Hills Heights
Listing VS Median (in 90043)
Price: $675,000
low | high
Med: $890,000
18.148148148148% of Average
On site: 143
low | high
Med: 17
100% of Average
Sourced by Back At You
Market Activity 90043
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 2
Avg $ Per SqFt: $798.31
Min Sale Price: $570,000
Max Sale Price: $760,000
Med Sale Price: $665,000
Date: Jun 2026
Sales: 17
Avg $ Per SqFt: $544.73
Min Sale Price: $430,000
Max Sale Price: $2,050,000
Med Sale Price: $897,900
Date: May 2026
Sales: 15
Avg $ Per SqFt: $561.04
Min Sale Price: $535,000
Max Sale Price: $1,770,000
Med Sale Price: $1,005,000
Date: Apr 2026
Sales: 22
Avg $ Per SqFt: $568.75
Min Sale Price: $439,000
Max Sale Price: $1,575,000
Med Sale Price: $917,500
Date: Mar 2026
Sales: 19
Avg $ Per SqFt: $535.76
Min Sale Price: $522,000
Max Sale Price: $1,800,000
Med Sale Price: $850,000
Date: Feb 2026
Sales: 19
Avg $ Per SqFt: $622.53
Min Sale Price: $590,000
Max Sale Price: $2,257,000
Med Sale Price: $875,000
Date: Jan 2026
Sales: 27
Avg $ Per SqFt: $14547.14
Min Sale Price: $590,000
Max Sale Price: $10,950,000
Med Sale Price: $838,600
Date: Dec 2025
Sales: 10
Avg $ Per SqFt: $584.55
Min Sale Price: $599,000
Max Sale Price: $1,700,000
Med Sale Price: $902,500
Date: Oct 2025
Sales: 5
Avg $ Per SqFt: $534.53
Min Sale Price: $550,000
Max Sale Price: $1,087,500
Med Sale Price: $680,000
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $767.11
Min Sale Price: $2,500,000
Max Sale Price: $2,500,000
Med Sale Price: $2,500,000
Date: Aug 2025
Sales: 1
Avg $ Per SqFt: $490.84
Min Sale Price: $616,000
Max Sale Price: $616,000
Med Sale Price: $616,000
Sourced by Back At You
Jul 2026
Sales:
2
Avg $ Per SqFt:
$798.31
Min Sale Price:
$570,000
Max Sale Price:
$760,000
Med Sale Price:
$665,000
Jun 2026
Sales:
17
Avg $ Per SqFt:
$544.73
Min Sale Price:
$430,000
Max Sale Price:
$2,050,000
Med Sale Price:
$897,900
May 2026
Sales:
15
Avg $ Per SqFt:
$561.04
Min Sale Price:
$535,000
Max Sale Price:
$1,770,000
Med Sale Price:
$1,005,000
Apr 2026
Sales:
22
Avg $ Per SqFt:
$568.75
Min Sale Price:
$439,000
Max Sale Price:
$1,575,000
Med Sale Price:
$917,500
Mar 2026
Sales:
19
Avg $ Per SqFt:
$535.76
Min Sale Price:
$522,000
Max Sale Price:
$1,800,000
Med Sale Price:
$850,000
Feb 2026
Sales:
19
Avg $ Per SqFt:
$622.53
Min Sale Price:
$590,000
Max Sale Price:
$2,257,000
Med Sale Price:
$875,000
Jan 2026
Sales:
27
Avg $ Per SqFt:
$14547.14
Min Sale Price:
$590,000
Max Sale Price:
$10,950,000
Med Sale Price:
$838,600
Dec 2025
Sales:
10
Avg $ Per SqFt:
$584.55
Min Sale Price:
$599,000
Max Sale Price:
$1,700,000
Med Sale Price:
$902,500
Oct 2025
Sales:
5
Avg $ Per SqFt:
$534.53
Min Sale Price:
$550,000
Max Sale Price:
$1,087,500
Med Sale Price:
$680,000
Sep 2025
Sales:
1
Avg $ Per SqFt:
$767.11
Min Sale Price:
$2,500,000
Max Sale Price:
$2,500,000
Med Sale Price:
$2,500,000
Aug 2025
Sales:
1
Avg $ Per SqFt:
$490.84
Min Sale Price:
$616,000
Max Sale Price:
$616,000
Med Sale Price:
$616,000
MLS#: 26683867 Listed By: Shawn S. Kormondy - Keller Williams Beverly Hills - 3104326400-
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MLS#: 26683867 Listed By: Shawn S. Kormondy - Keller Williams Beverly Hills - 3104326400-
