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 t --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 apx. 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 & construction 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.