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4279-4281 Crenshaw Blvd 3,240 SF 65% Leased Retail Building Los Angeles, CA 90008 $2,621,227 CAD ($809.02 CAD/SF) 3.73% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Major upside in a growing market
  • Sold in as-is condition
  • Delivered with renovation plans (see photos/renderings)
  • Ideal for retail, creative office, or mixed-use

EXECUTIVE SUMMARY

?? Prime Crenshaw Corridor Commercial Property
?? Price Reduced to: $1,877,777
?? Income-Producing – 4 Units
?? Sold As-Is or with Renovation Plans
?? Financial Summary:
Financial Metric Amount
Gross Scheduled Income $109,200 annually
Effective Gross Income (EGI) $77,383.74
Operating Expenses (22%) $17,024.42
Net Operating Income (NOI) $60,359.32
CAP Rate ~3.21%
??? Investment Highlights:
? Four income-producing units
? Current tenants in place – stable cash flow
? Delivered As-Is or with architectural renovation plans
? Prime location along Crenshaw Blvd
? Excellent street visibility & high foot traffic
? Close to Leimert Park, Metro Line, Baldwin Hills, Inglewood
?? Location Overview:
Located in a rapidly redeveloping area
Surrounded by commercial, residential & transit development
Easy access to 10 & 110 Freeways
Major cultural and economic investment zone

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront
Building Size
3,240 SF
Building Class
C
Year Built
1939
Price
$2,621,227 CAD
Price Per SF
$809.02 CAD
Cap Rate
3.73%
NOI
$97,772 CAD
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.13 AC
Zoning
LAC1.5 - Limited Commercial
Parking
10 Spaces (3.09 Spaces per 1,000 SF Leased)
Frontage
103’ on Crenshaw Blvd

AMENITIES

  • Commuter Rail
  • Metro/Subway
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 4281
  • 1,120 SF
  • Retail
  • In-Line
  • Now

Spacious Live/Work Storefront on Crenshaw Blvd – Prime Leimert Park Location! Located in the heart of historic Leimert Park with high foot traffic, this large storefront sits directly across from hundreds of brand-new apartment homes—offering excellent visibility and customer potential. This versatile space is a blank canvas ready for your creative business vision. Features include a private office, dedicated bathroom, and break room area. Ideal for entrepreneurs, creatives, or anyone looking to combine workspace with opportunity in one of LA’s most vibrant neighborhoods. IE: Nail tech suites, Esthetician suites, Tattoo parlor, Apparel. ETC.

Space Size Space Use Position Available
4281 1,120 SF Retail In-Line Now

4281

Size
1,120 SF
Space Use
Retail
Position
In-Line
Available
Now

4281

Size 1,120 SF
Space Use Retail
Position In-Line
Available Now

Spacious Live/Work Storefront on Crenshaw Blvd – Prime Leimert Park Location! Located in the heart of historic Leimert Park with high foot traffic, this large storefront sits directly across from hundreds of brand-new apartment homes—offering excellent visibility and customer potential. This versatile space is a blank canvas ready for your creative business vision. Features include a private office, dedicated bathroom, and break room area. Ideal for entrepreneurs, creatives, or anyone looking to combine workspace with opportunity in one of LA’s most vibrant neighborhoods. IE: Nail tech suites, Esthetician suites, Tattoo parlor, Apparel. ETC.

Walk Score®
Walker's Paradise (94)
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
Ymca
IHOP
Surf City Squeeze
Denny's
Starbucks
Albertsons Sav-On Pharmacy
California Bank & Trust
Comerica

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5024-007-005
Land Assessment
$2,163,677 CAD (2025)
Improvements Assessment
$270,533 CAD (2025)
Total Assessment
$2,434,210 CAD (2025)
  • Listing ID: 31797510

  • Date on Market: 2024-05-14

  • Last Updated:

  • Address: 4279-4281 Crenshaw Blvd, Los Angeles, CA 90008

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