6622-6630 Crenshaw Blvd - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$1,850,000 USD
818-468-7523
6622-6630 Crenshaw Blvd, Los Angeles, CA for Sale
$1,850,000 USD
Storefront Retail/Residential - FOR SALE
1/32
null | 5.15% Cap Rate

6622-6630 Crenshaw Blvd
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Great investment in los Angeles city's opportunity zone. commecial (resource center, fully permitted clinque and residential unit)

OVERVIEW

Prime Mixed-Use upgraded Investment Opportunity in excellent condition. Featuring a strategic blend of commercial retail, professional office space, residential units & newly built clinic space based on OSHPOD requirements .Ideally positioned on the corner of a major intersection, this property benefits from outstanding pedestrian and vehicle exposure, making it highly desirable for both tenants and investors. Located within approximately two miles of the new Los Angeles Rams Stadium, the property enjoys strong growth potential driven by continued area development and increasing demand. Situated in the City of Los Angeles Opportunity Zone — offering compelling potential tax advantages for qualified investors. Additional upside opportunity: The neighboring property at 6620 Crenshaw Blvd is also available for negotiation. Acquiring both parcels presents a rare chance to combine lots (11,880 sqft), enhance income potential, reposition the asset, or pursue future redevelopment. This is a high-visibility, high-potential investment in one of Los Angeles’ evolving growth corridors!

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$461 USD /SF

CAP RATE

5.15%

% LEASED

65%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6622 Crenshaw BLVD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

4006-016-027

ASK ABOUT THIS PROPERTY

Jasmen VartanianCalStar Realty & Mortgage, Inc.More Info
818-468-7523

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Jasmen VartanianCalStar Realty & Mortgage, Inc.More Info
818-468-7523

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