CIM Group has purchased a nearly 1.3-acre property at 3045 Crenshaw Blvd., which is entitled for a mixed-use development consisting of 168 apartment units — including 17 affordable, low-income units — and 40,000 square feet of ground-level retail.

The price of the property was undisclosed.

The transaction is the latest in a long-running partnership spanning decades between Mid-Wilshire-based CIM Group and seller West Angeles Church of God in Christ.

The property, located just north of Jefferson Boulevard, is centrally located in the historic West Adams neighborhood, which offers dining, entertainment, retail and services.

Future residents will have easy access to the Metro E Line light rail station on Crenshaw Boulevard, which connects east to downtown Los Angeles and west to Santa Monica. In addition to its location on Crenshaw Boulevard, which is a major north/south thoroughfare, the property has a proximity to several east/west connectors including the 10 freeway, Exposition Boulevard and West Adams Boulevard.

The new development at the 3045 Crenshaw Blvd. site will replace the former West Angeles Church of God in Christ.

CIM Group Principal Shaul Kuba and Bishop Charles E. Blake Sr. forged a relationship almost 20 years ago with the goal of bringing new development to the portion of Crenshaw Boulevard between Jefferson and West Adams Boulevards.

The latest land sale is part of the church’s long-planned property dispositions, announced in 2019, to bring new developments to the neighborhood, with the proceeds supporting church programs including construction of a Family Life Center, which includes a chapel, banquet hall, classrooms, media center, counseling center, and administrative offices.