4279-4281 Crenshaw Blvd - Storefront FOR SALE


Los Angeles, CA 90008- Leimert Park
$1,877,777 USD
661-347-6248
4279-4281 Crenshaw Blvd, Los Angeles, CA for Sale
$1,877,777 USD
Storefront - FOR SALE
1/14
null | 3.73% Cap Rate

4279-4281 Crenshaw Blvd
Los Angeles, CA 90008
Leimert Park


HIGHLIGHTS

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

OVERVIEW

?? BACK ON THE MARKET – ICONIC CRENSHAW CORRIDOR OPPORTUNITY! ?? ?? NOW PRICED AT $1,877,777 ?? 4279 Crenshaw Blvd | Los Angeles ?? 4 UNITS | INCOME PRODUCING This iconic commercial building is back and available — and this time it’s bringing cash flow + creative financing potential to the table! Currently generating $109,200 in gross annual income with $77,383.74 in effective income, this is the perfect blend of stability + upside. ? Tenants in place – income from Day 1 ? Approx. 3.21% CAP Rate ? Sold AS-IS or WITH renovation plans ? Seller MAY CONSIDER SUBJECT TO OFFERS ? Prime Crenshaw Blvd frontage ? Massive redevelopment & appreciation potential Whether you’re a buy-and-hold investor, a developer, or a creative deal maker, this property gives you options: ?? Hold for income ?? Renovate with existing plans ?? Explore Subject-To financing possibilities ?? DM me for the financials, renovation plans, or to schedule a private showing.

FOR SALE DETAILS

PRICE

$1,877,777 USD

PRICE/SF

$580 USD /SF

CAP RATE

3.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

LAC1.5

APN/PARCEL ID

5024-007-005

ASK ABOUT THIS PROPERTY

Elgin WalkerExp RealtyMore Info
661-347-6248

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Elgin WalkerExp RealtyMore Info
661-347-6248

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