New Five-Story Apartment
For Sale
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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 Market98
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
Site & Location
Neighborhood
Leimert Park
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
(818) 907-4606
Source:
Crexi
Added: Jul 31
Changed: Oct 26
Last Checked: Nov 4 at 11:33AM
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
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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.
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
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Current Use
Lease Details
124
Residential units
Location Intelligence
Trade Area within ½ mile
1,938
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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
