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Retail Building Near Transit Corridor
For Sale
$398,000
Pending

4717 Crenshaw Blvd, Los Angeles, CA 90043

Two-story retail building near Crenshaw/LAX Transit Corridor Project.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market172

Property Features for 4717 Crenshaw Blvd

General Information

Standard status Pending
Lot size 0.08 Acres
Property subtype Commercial

Building Details

Year Built 1955
Listing Agency: Estate Properties
Listed By: Nadege Labat · License #01298033
Source: Elliman
Added: Mar 11 Changed: Jul 10 Last Checked: Aug 29 at 10:38AM

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 Estate Properties

Investment Insights

Based on property information with market context.

This two-story commercial building is currently used for retail purposes. It is located in a prime location that will soon benefit from the construction of the Crenshaw/LAX Transit Corridor Project, an 8.5-mile light rail line along Crenshaw Blvd, which will improve access to businesses in the area. The loading and receiving area is located in the back of the building and is accessible through the alley. The building can be divided into at least three areas and includes a bathroom on the first floor. The second floor features an office space with a bathroom. According to the owner, the current tenants pay $2,400 per month, but the property could potentially be rented for approximately $3,000 per month.

Key Highlights

  • Prime location poised for increased accessibility and business due to the Crenshaw/LAX Transit Corridor Project.
  • Significantly underpriced at $125/sq ft for a quick sale, making it one of the lowest‑priced buildings in the area.
  • Two‑story commercial building suitable for retail use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home Real Estate Agency Kitchen & Bath Showroom HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,524
Businesses Nearby

Demographics for 90043, CA

46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story retail building near Crenshaw/LAX Transit Corridor Project.
Where is this retail space located?
The property is located at 4717 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Prime location poised for increased accessibility and business due to the Crenshaw/LAX Transit Corridor Project.; Significantly underpriced at $125/sq ft for a quick sale, making it one of the lowest‑priced buildings in the area.; Two‑story commercial building suitable for retail use.
More about this property
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