Grocery Convenience Retail
5140 Crenshaw Boulevard Los Angeles, CA 90043
For Sale
$5,220,000
For sale retail grocery/convenience store property with 9,165 square feet.
Property Size9,165 SF
Price / SF$569.56
Days on Market335
Property Features for 5140 Crenshaw Boulevard
General Information
- Standard status
- Active
- Size
- 9,165 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1940
Listing Agency:
(562) 334-1500
Listed By:
Keller Williams Los Angeles
Source:
Xome
Added: Aug 24, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:32AM
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 Keller Williams Los Angeles
Investment Insights
Based on property information with market context.
This retail property is positioned as a grocery and convenience store, totaling 9,165 square feet. It offers a straightforward footprint for retail operations that need a dedicated in-store format.
The property is located at 5140 Crenshaw Boulevard in Los Angeles, California. It is being offered for sale.
Additional details on the interior layout, tenant status, and specific improvements are not provided in the available information.
The property is located at 5140 Crenshaw Boulevard in Los Angeles, California. It is being offered for sale.
Additional details on the interior layout, tenant status, and specific improvements are not provided in the available information.
Key Highlights
- Retail grocery/convenience store property with 9,165 SF
- Gated community
- Zoned LAC2
Financial Insights For Specialty Retail
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 | $338.7k | $36.96 |
| − Vacancy | −$7.8k | −$0.85 |
| EGI | $330.9k | $36.11 |
| − OpEx | −$82.7k | −$9.03 |
| NOI | $248.2k | $27.08 |
9,165 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.55M
$3.10M – $4.14M
NOI $248,211 @ 7.0% cap · market cap 4.76%
Second Best
Retail
$3.04M
$2.66M – $3.54M
NOI $212,694 @ 7.0% cap · market cap 4.07%
Theoretical Best
Multifamily LT 5
$185.68M
$162.47M – $216.62M
NOI $12,997,418 @ 7.0% cap · market cap 248.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - For sale retail grocery/convenience store property with 9,165 square feet.
Where is this grocery and convenience store located?
The property is located at 5140 Crenshaw Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,220,000.
What are key features of this property?
This property features: Retail grocery/convenience store property with 9,165 SF; Gated community; Zoned LAC2
