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New Five-Story Apartment Building
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4242 Crenshaw Blvd, Los Angeles, CA 90008

Newly completed multifamily community with integrated retail suites and a rooftop amenity deck.

Property Size101,940 SF
Lot Size0.84 Acres
Days on Market7

Property Features for 4242 Crenshaw Blvd

General Information

Standard status Active
Size 101,940 SF
Class A
Total Parking Spaces 60
Lot size 0.84 Acres
Property subtype Multifamily, Mixed Use
Zoning C1.5-1-SP

Additional Details

Multifamily Units 124

Amenities

rooftop deck

Building Details

Year Built 2026
Buildings 1
Stories 5
Units 124
Listing Agency: CBRE LA
Listed By: Jenny Eng · License #CA 01931224
Source: Crexi
Added: Jul 31 Changed: Aug 5 Last Checked: Aug 5 at 6:33AM

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 LA

Investment Insights

Based on property information with market context.

Completed in 2026, this five-story apartment community at 4242 Crenshaw Blvd in Los Angeles includes 124 residences in studio, one-bedroom, and two-bedroom configurations. Units average 755 square feet. The development also incorporates approximately 6,000 square feet of ground-floor retail divided between two suites, plus an approximately 5,000-square-foot rooftop deck.

The property occupies a 0.84-acre urban infill parcel in the Leimert Park submarket. Zoning is C1.5-1-SP. Its combination of multifamily housing, divisible retail space, and rooftop amenity area creates a mixed-use configuration within a newly constructed community.

Key Highlights

  • 124‑unit apartment community completed in 2026
  • Studio, one‑bedroom, and two‑bedroom units averaging 755 square feet
  • Approximately 6,000 square feet of ground‑floor retail across two divisible suites

Property Analytics

Current Use

NCM AUTOMOTIVE Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom

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

124
Residential units

Location Intelligence

Trade Area within ½ mile

1,376
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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly completed multifamily community with integrated retail suites and a rooftop amenity deck.
Where is this apartment building located?
The property is located at 4242 Crenshaw Blvd Los Angeles, CA.
What are key features of this property?
This property features: 124‑unit apartment community completed in 2026; Studio, one‑bedroom, and two‑bedroom units averaging 755 square feet; Approximately 6,000 square feet of ground‑floor retail across two divisible suites
(239) 631-8788 Call to check price and availability
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