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    Historic Corner Retail Property Title is generated by Realmo AI

    14510 Crenshaw, Gardena, CA 90249

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    New
    For Sale
    $1,000,000

    Restored corner retail with two units, hardwood floors, recessed lighting, and new restrooms with ADA certification.

    Type:Commercial
    Property size:
    3,800 SF
    Price / SF:
    $263/SF
    Added:
    Jul 5, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 6 at 3:31 am

    Property Features for 14510 Crenshaw

    General Information

    Standard status
    Active
    Size
    3,800 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1958

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    Shegun Alabi

    Listing office Victory Realty Group

    Listing date Jul 5, 2026

    Source Elliman

    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 Victory Realty Group

    HighLights

    • 3,800 sq. ft. restored corner retail property built in 1958 with grand double‑door entry for each unit
    • Two 1,900 sq. ft. retail units with exposed brick and hardwood flooring
    • Recessed lighting and open layout designed for merchandising
    • Brand new restrooms for each unit, including one ADA‑certified restroom and ADA parking allocation
    • Located directly on Crenshaw Blvd with steps to public transit
    • walkScore 73 (very walkable) and transitScore 45 (some transit); bikeScore 58

    Overview

    This restored historic corner retail property offers a total of 3,800 square feet across two separate 1,900-square-foot units. Each unit features an open layout designed for merchandising, with hardwood flooring, recessed lighting, and exposed brick architectural elements. The building includes a grand double-door entry for each unit and brand-new restrooms, with one unit ADA certified and ADA parking allocation noted for that unit.

    The property is located directly on Crenshaw Blvd at 14510 Crenshaw, Gardena, CA 90249. Public transit access is described as being steps away, with Walk Score 73 (Very Walkable) and Transit Score 45 (Some Transit) reported for the area. Bike Score is listed as 58 (Bikeable).

    With its storefront presentation, open floor plans, and high-end interior updates, the property could be well suited for tenants seeking a restored, design-forward retail setting. The configuration also supports flexibility for brands or operators that prefer to occupy a full building or lease one unit while keeping the other available.

    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 $128.6k $33.84
    − Vacancy −$8.5k −$2.23
    EGI $120.1k $31.61
    − OpEx −$36.0k −$9.48
    NOI $84.1k $22.12
    3,800 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $84,073 @ 7.0% cap · market cap 8.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.03M
    $1.78M – $2.37M (±1% cap)
    NOI $142,415 @ 7.0% cap · market cap 14.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hair Masters Barber Shop Barber shop at Crenshaw Barber Shop

    Suggested Use

    Real Estate Agency Law Firm Skin Care Clinic Acupuncture Parking Lot & Garage Gym & Fitness Center Accounting Firm Nursing Home Nursing Home Tattoo & Piercing Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.326105
    Latitude
    33.89949

    FAQs

    What type of property is this?
    Retail space - Restored corner retail with two units, hardwood floors, recessed lighting, and new restrooms with ADA certification.
    Where is this retail space located?
    The property is located at 14510 Crenshaw Gardena, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 3,800 sq. ft. restored corner retail property built in 1958 with grand double‑door entry for each unit; Two 1,900 sq. ft. retail units with exposed brick and hardwood flooring; Recessed lighting and open layout designed for merchandising
    More about this property
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