6622 Crenshaw Blvd - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$1,640,000 USD
818-468-7523
6622 Crenshaw Blvd, Los Angeles, CA for Sale
$1,640,000 USD
Storefront Retail/Residential - FOR SALE
1/31
null | 5.81% Cap Rate

6622 Crenshaw Blvd
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Mixed-use property incorporating retail, office, residential, and a fully permitted clinic space.
  • Situated in the City of Los Angeles Opportunity Zone — offering compelling potential tax & construction advantages for qualified investors.
  • Close proximity to LAX, major highways, and multiple public transportation options enhances connectivity.
  • High-visibility corner-lot positioning provides superior exposure and frontage along Crenshaw Boulevard.
  • 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 SF), enhance income potential, reposition the asset, or pursue redevelopment.

OVERVIEW

Mixed-Use! completely upgraded! Owner user or Investment Opportunity. A strategic blend of commercial retail, professional office space, residential unit upstairs! 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 in city of los Angeles Opportunity zone & 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.

FOR SALE DETAILS

PRICE

$1,640,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

5.81%

% LEASED

65%

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

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.