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4715 Crenshaw Blvd

5,241 SF Retail Building Los Angeles, CA 90043 £948,012 (£181/SF)

Investment Highlights

  • Growth Potential
  • Proximity to Key Amenities
  • High Traffic and Visibility
  • Diverse Market Appeal
  • Cultural and Community Significance
  • Potential Tax Incentives

Executive Summary

Announcing the new listing of 4715 Crenshaw Los Angeles CA. The property is located in the historic Crenshaw District, an area undergoing rapid redevelopment, especially with the completion of the Crenshaw/LAX Transit Line. The location is highly desirable due to its proximity to the Crenshaw Corridor, Baldwin Hills Crenshaw Plaza, a new 185-unit apartment building within walking distance, and several community projects that are currently in the pipeline.
Given its previous use as a school, the space could easily be adapted to educational, medical, or community-based services. With minor modifications, the property can also serve a variety of commercial needs, such as coworking spaces, retail stores, or office spaces.
4715 Crenshaw Blvd offers a unique investment opportunity due to its prime location, adaptability, and alignment with the growth trajectory of the surrounding Crenshaw and South LA neighborhoods. Whether redeveloped for commercial purposes or repurposed into a community-centric project, the property has substantial long-term potential for value appreciation.

Property Facts

Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,241 SF
Building Class
C
Year Built/Renovated
2000/2005
Price
£948,012
Price Per SF
£181
Tenancy
Single
Number of Floors
2
Building FAR
1.35
Land Acres
0.09 AC
Opportunity Zone
Yes
Zoning
LAC
Parking
3 Spaces (0.57 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,241 SF
  • Office
  • -
  • Now

Announcing the new listing of 4715 Crenshaw Los Angeles CA. The property is located in the historic Crenshaw District, an area undergoing rapid redevelopment, especially with the completion of the Crenshaw/LAX Transit Line. The location is highly desirable due to its proximity to the Crenshaw Corridor, Baldwin Hills Crenshaw Plaza, a new 185-unit apartment building within walking distance, and several community projects that are currently in the pipeline. Given its previous use as a school, the space could easily be adapted to educational, medical, or community-based services. With minor modifications, the property can also serve a variety of commercial needs, such as coworking spaces, retail stores, or office spaces.

Space Size Space Use Position Available
1st Floor 5,241 SF Office - Now

1st Floor

Size
5,241 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 5,241 SF
Space Use Office
Position -
Available Now

Announcing the new listing of 4715 Crenshaw Los Angeles CA. The property is located in the historic Crenshaw District, an area undergoing rapid redevelopment, especially with the completion of the Crenshaw/LAX Transit Line. The location is highly desirable due to its proximity to the Crenshaw Corridor, Baldwin Hills Crenshaw Plaza, a new 185-unit apartment building within walking distance, and several community projects that are currently in the pipeline. Given its previous use as a school, the space could easily be adapted to educational, medical, or community-based services. With minor modifications, the property can also serve a variety of commercial needs, such as coworking spaces, retail stores, or office spaces.

Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Bank of America
Buffalo Wild Wings
IHOP
Ymca
Surf City Squeeze
Vallarta Supermarkets
Planet Fitness
Buffalo Spot
Wells Fargo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5013-015-003
Land Assessment
£85,978
Improvements Assessment
£68,777
Total Assessment
£154,755
  • Listing ID: 33383543

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 4715 Crenshaw Blvd, Los Angeles, CA 90043

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