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Standalone Multi-Tenant Retail Building
For Lease
$4,748/Mo

4331 Crenshaw Blvd, Los Angeles, CA 90008

Standalone retail building offers multiple storefront suites and 11 rear parking stalls, with NNN charges estimated separately.

Property Size3,470 SF
Lot Size0.16 Acres
Days on Market98

Property Features for 4331 Crenshaw Blvd

General Information

Standard status Active
Size 3,470 SF
Total Parking Spaces 11
Lot size 0.16 Acres
Property subtype Commercial

Building Details

Year Built 1926
Tenancy Multi
Listing Agency: Tolj Commercial Real Estate
Listed By: Mike Tolj · License #01373646
Source: Elliman
Added: Apr 24 Changed: Jul 21 Last Checked: Jul 30 at 8:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tolj Commercial Real Estate

Investment Insights

Based on property information with market context.

This standalone multi-tenant retail property is offered for lease and includes three retail storefront options along Crenshaw Boulevard, plus the ability to lease the entire building. Available spaces include approximately 1,260 SF at 4331 Crenshaw Blvd, 1,180 SF at 4333 Crenshaw Blvd, a combined 2,110 SF at 4333 & 4335 Crenshaw Blvd, and approximately 930 SF at 4335 Crenshaw Blvd. The total building size is approximately 3,370 SF, within a single 6,956 SF parcel.

The property is located on the heavily traveled Crenshaw Boulevard corridor, designed to benefit from strong street visibility and convenient access. The site includes 11 parking stalls at the rear of the property. Surrounding retail includes a mix of local and national retailers, and uses are subject to zoning.

In addition to base rent, tenants are responsible for a monthly NNN (triple net) fee estimated at $0.53 per SF per month.

Key Highlights

  • Standalone multi‑tenant retail property built in 1926 at 4331–4335 Crenshaw Blvd, Los Angeles, CA
  • About 3,370 SF total retail building on a 6,956 SF lot, with multiple storefront suites available
  • Suite sizes: ~1,260 SF (4331), ~1,180 SF (4333), ~2,110 SF combined (4333 & 4335), and ~930 SF (4335)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store Restaurant Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,878
Businesses Nearby

Demographics for 90008, CA

33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$35.51 /SF/Yr
Avg Asking Price
$5.45–$96 /SF/Yr
Price Range
3,198 SF
Avg Space Size

This space is priced 54% below the average of $35.51 /SF/Yr.

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Standalone retail building offers multiple storefront suites and 11 rear parking stalls, with NNN charges estimated separately.
Where is this retail space located?
The property is located at 4331 Crenshaw Blvd Los Angeles, CA.
What is the lease rate?
The lease rate is $4,748 /Mo.
What are key features of this property?
This property features: Standalone multi‑tenant retail property built in 1926 at 4331–4335 Crenshaw Blvd, Los Angeles, CA; About 3,370 SF total retail building on a 6,956 SF lot, with multiple storefront suites available; Suite sizes: ~1,260 SF (4331), ~1,180 SF (4333), ~2,110 SF combined (4333 & 4335), and ~930 SF (4335)
More about this property
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