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    Mixed-Use Building in Leimert Park Title is generated by Realmo AI

    4064 Crenshaw, Los Angeles, CA 90008

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    Two-story retail/office building near Baldwin Hills Crenshaw Plaza.

    Type:Retail
    Property size:
    6,578 SF
    Price / SF:
    $304/SF
    Added:
    Feb 19, 2026
    Days on Market:
    132
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 4064 Crenshaw

    General Information

    Standard status
    Active
    Size
    6,578 SF
    Property subtype
    Retail

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    George Gross
    George Gross

    Listing office Coldwell Banker Commercial NRT Santa Monica

    Listing date Feb 19, 2026

    Source Crexi

    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 Coldwell Banker Commercial NRT Santa Monica

    HighLights

    • Prime location in the heart of Leimert Park.
    • Mixed‑use retail/office building offering owner/user opportunity.
    • Located directly across from Baldwin Hills Crenshaw Plaza.
    • TOC4 designation (highest transit‑oriented‑community tier).
    • Two‑story building.
    • Three blocks north of the new Leimert Park Station (Metro).

    Overview

    This two-story mixed-use building offers an owner/user opportunity in Leimert Park. The property, suitable for retail and office use, is located directly across the street east of Baldwin Hills Crenshaw Plaza and three blocks north of the new Leimert Park Station (Metro). This location places the project in a high transit-oriented community tier, TOC4. The property size is 6578 square feet.

    Local Financial Insights For Office B

    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 $255.8k $38.88
    − Vacancy −$47.6k −$7.23
    EGI $208.2k $31.65
    − OpEx −$52.0k −$7.91
    NOI $156.1k $23.74
    6,578 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.23M
    $1.95M – $2.60M (±1% cap)
    NOI $156,137 @ 7.0% cap · market cap 7.81%
    Second Best
    Retail
    $2.18M
    $1.91M – $2.54M (±1% cap)
    NOI $152,657 @ 7.0% cap · market cap 7.63%
    Theoretical Best
    Multifamily LT 5
    $133.27M
    $116.61M – $155.48M (±1% cap)
    NOI $9,328,643 @ 7.0% cap · market cap 466.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.33489
    Latitude
    34.01031

    FAQs

    What type of property is this?
    Mixed-use property - Two-story retail/office building near Baldwin Hills Crenshaw Plaza.
    Where is this mixed-use property located?
    The property is located at 4064 Crenshaw Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Prime location in the heart of Leimert Park.; Mixed‑use retail/office building offering owner/user opportunity.; Located directly across from Baldwin Hills Crenshaw Plaza.
    (310) 666-2970 Call to check price and availability
    More about this property
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