3612-3620 W Jefferson Blvd - Storefront FOR SALE


Los Angeles, CA 90016- Crenshaw
$2,050,000 USD
818-212-2667
3612-3620 W Jefferson Blvd, Los Angeles, CA for Sale
$2,050,000 USD
Storefront - FOR SALE
1/14
null | 5.7% Cap Rate

3612-3620 W Jefferson Blvd
Los Angeles, CA 90016
Crenshaw


HIGHLIGHTS

  • Multi-Purpose Flex Space | Current Cap Rate - 5.70%
  • Value-Add | Pro Forma Cap Rate 8.72%
  • Priced Below Replacement Cost | Price Per SF Building - $191
  • Bow Truss Roof Portion | Skylights
  • All Tenants On Month To Month Leases
  • Owner/User - SBA Financing

OVERVIEW

Floyd Shaheen of Marcus & Millichap and Robert Clifford of Lee & Associates West LA are pleased to present the exclusive offering of 3612–3620 West Jefferson Boulevard, a ±10,720 SF multi-tenant storefront retail and bow-truss flex property situated on ±11,251 SF of land in the highly active West Adams / Jefferson Park corridor. Offered at just $191 per square foot, well below replacement cost and recent neighborhood comparables, this property represents a rare value-add or owner-user opportunity in one of Los Angeles’ most rapidly transforming markets. All tenants are currently month-to-month, providing immediate flexibility for re-tenanting, repositioning, or owner occupancy. The building includes a desirable bow-truss section with soaring ceiling heights, multiple entry points, and rear alley access — features that make it ideal for creative office, showroom, retail, or production use. With current income supporting a 5.70% cap rate and the potential to reach 8.72% pro forma by leasing vacancies at market ($1.62/SF MG) and passing through CAM charges, the property offers both in-place stability and significant upside. Its LAC2 zoning allows for a wide variety of commercial and limited industrial uses, including adaptive reuse concepts such as live/work or creative office. Strategically located along a high-traffic stretch of Jefferson Boulevard, the property offers excellent visibility and signage opportunities, with strong pedestrian counts and proximity to both the Expo Line and Crenshaw Line extension. The site’s hard-corner positioning and alley access further enhance convenience and functionality. The surrounding West Adams / Crenshaw Corridor has become one of LA’s most desirable destinations for new residential and commercial investment, with nearby projects such as the Cumulus District at La Cienega/Jefferson (1,200+ units anchored by Whole Foods), the Lendlease mixed-use project (460,000+ SF planned), and multiple infill multifamily developments. These trends continue to attract new residents, creative businesses, and retail tenants — directly increasing demand for well-located, flexible commercial assets like 3612–3620 W Jefferson Blvd. This property combines architectural character, transit accessibility, and strong financial upside, making it equally compelling for investors, owner-users, and long-term holders seeking exposure in one of Los Angeles’ fastest-growing submarkets.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Price Per SF Building - $191

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,251 SF

ZONING

LAC2

APN/PARCEL ID

5046-001-002

ASK ABOUT THIS PROPERTY

Floyd ShaheenFloyd GroupMore Info
818-212-2667

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Floyd ShaheenFloyd GroupMore Info
818-212-2667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.