1721 Crenshaw Boulevard Los Angeles , CA 90019

Price Reduction of $100,000! This fully remodeled 13-bedroom, 8-bathroom single-family residence is listed in public records as 'Rooming House' (County Land Use) and 'Transient Lodging' (Universal Land Use). It presents a prime opportunity for owner-users, non-profit organizations, investors, or developers seeking a profitable income stream and/or development potential. Currently, three properties (1717, 1721, and 1709 Crenshaw Blvd.) are on the market, offering the potential for larger apartment or condo developments. The property is equipped with a solar system, kitchen appliances, wood laminate floors, and more. A previous MLS listing (MLS#20-641425) proposed a 45-unit + 20-unit development on the 22,416 sq. ft. lot. Buyers are strongly advised to independently verify all aspects of the property and the accuracy of the information through inspection and consultation with appropriate professionals. Neither the Seller nor the Brokers guarantee the MLS information. Additionally, the property offers ample parking spaces with approximately 10+ spots available in the front and back yards. It is not located in an HPOZ and is conveniently situated near Downtown Los Angeles, Koreatown, USC campus, with easy access to the 10 and 110 freeways.