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1925 Crenshaw Blvd 998 SF Retail Building Los Angeles, CA 90016 $8,148,000 CAD ($8,164.33 CAD/SF)
Investment Highlights
- The Subject Property represents an exceptionally rare opportunity to acquire an operating Mobil gas station.
- The intersection benefits from over 47,000 cars per day, serving both commuter and local neighborhood traffic.
- The Subject Property is supported by robust demand drivers, with over 475,000 residents within a three (3)-mile radius and a dense daytime population.
- With approximately one (1) year remaining on the existing Mobil lease and no renewal options, the site is perfectly positioned for an owner user.
- Situated within favorable C2 zoning and TOC Tier 3 designation, the Subject Property benefits from an impressive 6:1 FAR.
- Positioned on the signalized hard corner of Washington Blvd. & Crenshaw Blvd., the site offers superior visibility.
Executive Summary
EXCEPTIONAL OWNER-USER OPPORTUNITY TO ACQUIRE AN OPERATING MOBIL GAS STATION
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
998 SF
Building Class
C
Year Built
1950
Price
$8,148,000 CAD
Price Per SF
$8,164.33 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.53 AC
Zoning
LAC2-2D-CPIO (Tier 3) - The property is zoned LAC2-2D-CPIO (West Adams-Baldwin Hills-Leimert).
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5061-020-038 | Improvements Assessment | $2,646,967 CAD |
| Land Assessment | $8,538,605 CAD | Total Assessment | $11,185,572 CAD |
Property Taxes
Parcel Number
5061-020-038
Land Assessment
$8,538,605 CAD
Improvements Assessment
$2,646,967 CAD
Total Assessment
$11,185,572 CAD
Contacts
-
Patrick Wade -
Alex Kozakov -
Matthew Greenberg -
Bo Henderson -
Jack Webber -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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1925 Crenshaw Blvd
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