Vacant Storefront
14516 Crenshaw Boulevard Gardena, CA 90249
14516 Crenshaw Boulevard, Gardena, CA, 90249
$1,050,000
For Sale
$1,050,000
Vacant retail storefront building available for sale with seller financing that may be available for qualified buyers.
Property Size3,848 SF
Price / SF$272.87
Days on Market546
Property Features for 14516 Crenshaw Boulevard
General Information
- Standard status
- Active
- Size
- 3,848 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1965
Listing agency
(424) 738-5900
Listed by
Power Brokers
Source
Xome
Added: Jan 22, 2025 Updated: Jul 22 at 5:56PM Checked: Jul 22 at 5:56PM
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 Power Brokers
Investment Insights
Based on property information with market context.
This vacant store building is available for sale. The property is described as a retail storefront with significant “potential,” and it is stated to be very easy to show.
The listing indicates the seller may possibly carry the first loan for up to three years, depending on the down payment.
At the time of listing, no additional details are provided regarding tenant improvements, configuration, or specific income potential.
The listing indicates the seller may possibly carry the first loan for up to three years, depending on the down payment.
At the time of listing, no additional details are provided regarding tenant improvements, configuration, or specific income potential.
Key Highlights
- Vacant retail storefront building for sale
- Year built: 1965
- 4 parking spaces
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.2k | $33.84 |
| − Vacancy | −$8.6k | −$2.23 |
| EGI | $121.6k | $31.61 |
| − OpEx | −$36.5k | −$9.48 |
| NOI | $85.1k | $22.12 |
3,848 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.22M
$1.06M – $1.42M
NOI $85,135 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,214 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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- Lavender Grace & Co — 2516 1/2 Rosecrans Ave, Gardena, CA 90249
FAQs
What type of property is this?
Storefront property - Vacant retail storefront building available for sale with seller financing that may be available for qualified buyers.
Where is this storefront property located?
The property is located at 14516 Crenshaw Boulevard Gardena, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Vacant retail storefront building for sale; Year built: 1965; 4 parking spaces
