CBRE is pleased to present 4242 Crenshaw Blvd, a newly constructed five-story multifamily community containing 124 units in the Leimert Park submarket of Los Angeles. Completed in 2026, the Property offers a mix of studio, one, and two bedroom units averaging 755 square feet, along with ±6,000 square feet of groundfloor retail across two divisible suites and an expansive ±5,000-square-foot rooftop deck. Built on a 0.84-acre urban infill parcel, 4242 Crenshaw combines contemporary design with a highly connected location, positioning it as one of the newest and most accessible multifamily assets in the submarket. Leimert Park and neighboring Baldwin Hills are among the most undersupplied markets for contemporary rental housing in Los Angeles County, with only two other 100+ unit market-rate community delivered in the submarket over the past sixty years. This scarcity of new supply, paired with elevated area home prices that keep homeownership out of reach for most renters, positions 4242 Crenshaw as a limited-risk investment with superior rent growth prospects and long-term value appreciation.