Signalized-Corner Gas
For Sale
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1925 CRENSHAW BLVD, Los Angeles, CA 90016
Circle K-backed ground lease with redevelopment zoning and transit access in an established commercial corridor.
Property Size998 SF
Price / SF$6,012
Days on Market140
Property Features for 1925 CRENSHAW BLVD
General Information
Standard status
Active
Size
998 SF
Total Parking Spaces
7
Property subtype
Retail
Investment Type
Owner/User
Building Details
Units
1
Tenancy
Single
Listing Agency:
CBRE - South Bay
Listed By:
Patrick Wade · License #CA 01454690
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: May 8 at 7:41AM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
This gas station property is held through a leased-fee structure with a Circle K guarantee carrying an S&P rating of BBB Stable. Approximately 2 years remain in the final option term, which expires December 31, 2027, with no additional options stated. The property offers a defined timeline for future repositioning after lease expiration.
The site occupies the southwest signalized corner of Crenshaw Boulevard and Washington Boulevard, with ± 193.82' of Crenshaw Boulevard frontage, ± 166.64' along Washington Boulevard, and 4 existing curb cuts. Combined traffic is reported at ± 45,730 VPD. Metro Bus Routes 35 and 210 are within 750' of the property, and nearby retailers include 7-Eleven, Jack in the Box, Starbucks, Planet Fitness, KFC, and Winchells.
Zoning is LAC2-2D-CPIO (Tier 3 TOC), with stated capacity for 98–104 residential units and applicable state housing-law provisions identified in the property information. The site is also described as having no RSO units or replacement burden.
The site occupies the southwest signalized corner of Crenshaw Boulevard and Washington Boulevard, with ± 193.82' of Crenshaw Boulevard frontage, ± 166.64' along Washington Boulevard, and 4 existing curb cuts. Combined traffic is reported at ± 45,730 VPD. Metro Bus Routes 35 and 210 are within 750' of the property, and nearby retailers include 7-Eleven, Jack in the Box, Starbucks, Planet Fitness, KFC, and Winchells.
Zoning is LAC2-2D-CPIO (Tier 3 TOC), with stated capacity for 98–104 residential units and applicable state housing-law provisions identified in the property information. The site is also described as having no RSO units or replacement burden.
Key Highlights
- Circle K‑guaranteed ground lease; S&P rating of BBB Stable
- Final option term expires December 31, 2027; approximately 2 years remain with no further options
- LAC2‑2D‑CPIO (Tier 3 TOC) zoning with stated capacity for 98–104 units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Circle K-backed ground lease with redevelopment zoning and transit access in an established commercial corridor.
Where is this gas station located?
The property is located at 1925 CRENSHAW BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Circle K‑guaranteed ground lease; S&P rating of BBB Stable; Final option term expires December 31, 2027; approximately 2 years remain with no further options; LAC2‑2D‑CPIO (Tier 3 TOC) zoning with stated capacity for 98–104 units
