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Investment Highlights

  • Fully Renovated | Turn-Key
  • Features 12 Secured On-Site Parking Spaces.
  • Electrical Upgraded | HVAC
  • Flexible Dual-Suite Footprint | High Ceilings
  • Separate Utility Meters For Each Suite
  • Retail | Office | Storefronts

Executive Summary

Floyd Shaheen of the Floyd Group at Marcus & Millichap is pleased to exclusively market for sale 14510 Crenshaw Boulevard, presenting a rare opportunity to acquire a fully renovated, institutional-quality commercial asset situated directly in the heart of the South Bay. Encompassing approximately 3,900 square feet of high-grade commercial space on a generous 7,798-square-foot parcel, the building is thoughtfully divided into two balanced, 1,950-square-foot commercial suites. This flexible dual-suite configuration creates an ideal dynamic for investors looking for stable multi-tenant income or owner-users seeking to occupy one suite while generating steady rental revenue from the other.
The property has undergone comprehensive capital upgrades, offering a truly turn-key asset that requires zero immediate renovation expenditure. Property improvements include fully upgraded electrical systems, dedicated central HVAC units serving each suite, and individual restrooms for both units. Crucially, the asset is equipped with separate water and electrical meters for each suite, dramatically simplifying tenant utility billing, reducing owner exposure to operational overhead, and streamlining day-to day asset management. Positioned directly along Crenshaw Boulevard, the asset commands exceptional street exposure, prominent building frontage, and high-impact signage opportunities that maximize brand visibility for occupying businesses. The property benefits from City of Los Angeles GAC3 General Commercial zoning, providing an unusually broad umbrella of allowed uses including traditional retail, professional offices, medical suites, showrooms, and service oriented businesses. Accessibility is further enhanced by 12 secured on-site parking spaces, solving a major operational bottleneck in dense infill submarkets and offering a competitive leasing advantage over competing area properties.
Strategically located just minutes from the South Bay’s premier coastal communities and major employment hubs—including Redondo Beach, Torrance, Manhattan Beach, El Segundo, Hawthorne, and Los Angeles International Airport (LAX)—the site is anchored by strong surrounding demographics. The immediate trade area is characterized by high population density, robust consumer spending, and an established mix of national and regional retailers. This prime positioning, combined with high barriers to entry for new commercial construction in the submarket, ensures continuous tenant demand, strong long-term rental growth, and significant potential for future capital appreciation and redevelopment.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,900 SF
Building Class
C
Year Built/Renovated
1958/2018
Price
$1,371,358 CAD
Price Per SF
$351.63 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.18 AC
Zoning
GAC3 - Turn-Key Asset: Fully renovated 3,900 SF building on a 7,798 SF. Flexible GAC3 General Commercial zoning supports diverse commercial uses.
Parking
12 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
50’ on Crenshaw
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Superior Grocers
Alberto's Mexican Food
IHOP
Yoshinoya
Waba Grill
Northgate Gonzalez Market
BMO
Marie Callender's Restaurant & Bakery
Ralphs
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
4064-012-010
Land Assessment
$993,866 CAD
Improvements Assessment
$294,478 CAD
Total Assessment
$1,288,344 CAD
  • Listing ID: 41907275

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: 14510 Crenshaw Blvd, Gardena, CA 90249

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