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For SaleLuxury

$2,985,000

23,984 sqft$124/sqft299 days on market

5471 Crenshaw Boulevard

Los Angeles, CA 90043

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

23,984

Square feet

1963

Built

Listing narrative

Description

We are pleased to present a +/-5,317sf commercial building with 25+ parking spaces located on 23,979 SF of C2- 2D zoned, Tier 3 TOC, Opportunity Zone land located along the dynamic Crenshaw Blvd corridor! Located just 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently, Bank of America operates 2 ATM's on the property with approximately 2 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments including: The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+ SF sites along the Crenshaw Blvd corridor. Contact the listing broker for additional information!

Listing agent (MLS): Casey Lins · Listing brokerage (MLS): Kidder Mathews of California, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,985,000

Beds

Beds n/a

Type

Commercial

Home Size

23,984 sqft

Baths

Baths n/a

Lot Size

0.55 acres

Year

1963

Status

For Sale

Days on Market

299

$ / Sqft

$124

· 8% down, 7% APR, 30yr fixed
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Courtesy of Kidder Mathews of California, Inc.