4300 Crenshaw BlvdLos Angeles, CA 90008

Property Details for 4300 Crenshaw Blvd

Year built

1949

Construction

TILT-UP CONCRETE

Lot size

0.19 AC

Property size (Sq ft)

6,994 SF

Zone code

LAC1.5

Property type

Office properties

Property subtype

Office buildings

APN

5024-018-022

APU

5024018022

Description

This newly renovated, 6,994 square foot freestanding retail building is located at 4300 Crenshaw Blvd in Los Angeles, CA 90008, at the signalized intersection of Crenshaw Blvd and 43rd St in Leimert Park. The property offers multiple tenancy options, with a minimum divisible space of 1,750 square feet and a maximum contiguous space of 1,750 square feet. Two spaces are currently available. The building's prime location offers excellent visibility and accessibility, situated near various retail businesses, schools, residential areas, and medical facilities. Unit 4302 boasts exclusive, double-sided monument signage providing significant exposure to traffic on Crenshaw Blvd. The property is suitable for a variety of uses, including retail, medical, dental, urgent care, and cannabis businesses (qualified operators should inquire directly). Tenant improvements may be available to qualified parties. Lessees are responsible for verifying all information and proposed uses with the city. Existing retail spaces are currently tenant-occupied

• CAP approach

  CAP return

  Valuation

  6%

  $2,026,440

  6.5%

  $1,870,560

  7%

  $1,736,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,329,979

  Geo Method

  $1,329,979

• Alternative Use

  Use

  Valuation

  Residential

  $2,319,495

  Hospitality

  $2,124,645

  Educational

  $1,767,680

  Medical

  $1,828,473

  Retail

  $2,749,724

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0054

Longitude

-118.333

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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