For Sale
$5,900,000
1009 Crenshaw Blvd Los Angeles, CA 90019
High-traffic location, owner-user opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Rare opportunity to acquire a gas station in Los Angeles' Koreatown.
- Month-to-month lease allows for immediate owner-user operation.
- Eligible for E85 Fueling Infrastructure Grants and accelerated depreciation.
- Significant rental upside potential due to the month-to-month lease.
- High-traffic corner lot at Crenshaw & Olympic Blvds., with 260+ feet of frontage and over 62,000 cars daily.
- 10-pump station.
Property Details for 1009 Crenshaw Blvd
- Property type
- Retail properties, Gas stations
- Square Feet
- 240 SF
- Year Built
- 1984
- Lot Size (sq. ft)
- 17,424 SF
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0544518
- Longitude
- -118.3234795
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-traffic location, owner-user opportunity
- Where is the retail property located?
- The property is located at 1009 Crenshaw Blvd Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $5,900,000.
- What are key features of this property?
- This property features: Rare opportunity to acquire a gas station in Los Angeles' Koreatown.; Month-to-month lease allows for immediate owner-user operation.; Eligible for E85 Fueling Infrastructure Grants and accelerated depreciation.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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