2255 adams BLVD
LOS ANGELES, CA 90018
PRICE
$2,900,000
BUILDING SIZE
5,240 SF
LOT SIZE
14,381 SF
BUILDABLE UNITS
(PER TOC)
PRICE/SF (BLDG)
PRICE/SF
(LAND)
36
$406
$161
FORCED SALE BY THE LIENHOLDER, THE CALIFORNIA DEPARTMENT OF EDUCATION, UNDER A SETTLEMENT AGREEMENT THAT THE PROPERTY BE SOLD
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 6422 Crenshaw Boulevard, a 5,240 square foot school property situated on 0.33 acres of land (14,381 SF) located less than 0.2 miles from the Metro K line Leimert Park Station in the Los Angeles submarket of Leimert Park, CA.
2255 W Adams Boulevard is currently operating as a school which can be vacated as of July 1st, 2025, making it an ideal owner-user or value-add opportunity. The property is made up of two independent structures, one single story with a two-story structure beside it, totaling 7,137 square feet. The property benefits from ample front and rear yards that serve as playgrounds for school use.
Because of the property’s underlying R3-1-O-HPOZ zoning, a variety of school, tutoring center, adult education, multifamily, senior independent living, and assisted living uses are allowed by right as well as additional uses like church or place of worship, among others, with condition use permit (CUP).
The subject property is zoned R3-1-O-HPOZ, designated a Tier 1 in the Transit Oriented Communities (TOC) incentive program, and is situated in the South Los Angeles Alcohol Sales specific plan. By right, twenty-four (24) units can be developed on the site and up to thirty-six (36) using the 50% density bonus through the TOC.