Mixed-Use Property with Ground-Floor
New
For Sale
$2,500,000
7401-7413 Crenshaw Blvd, Los Angeles, CA 90043
Five apartments and six commercial suites are occupied under month-to-month leases.
Property Size13,180 SF
Lot Size0.39 Acres
Price / SF$189.97
Days on Market2
Property Features for 7401-7413 Crenshaw Blvd
General Information
Standard status
Active
Size
13,180 SF
Total Parking Spaces
17
Lot size
0.39 Acres
Property subtype
Mixed-Use
Zoning
C2-1VL-CPIO
Occupancy
100%
Net Operating Income
$180,656
Financials
Asking Price
$2,500,000
Cap Rate
7.23%
Gross Income
$306,312
Gross Rent Multiplier
8.16
Site & Location
Neighborhood
Hyde Park
Public Transit
Yes
Mixed-Use Components
retail, residential
Additional Details
Multifamily Units
5
Tenant in Place
Yes
Amenities
7.23% cap rate on in-place income
Diversified mixed-use income
Month-to-month flexibility
Corner frontage on Crenshaw Blvd
C2 zoning, TOC Tier 3
A corridor on the rise
Building Details
Building Size
13,180 SF
Units
5
Tenancy
Multi
Listing Agency:
Encino Office
Listed By:
Floyd Shaheen · License #License(s): CA: 01960743
(818) 212-2667
Source:
Marcusmillichap
Added: Nov 4
Last Checked: Nov 4 at 2:55PM
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 Encino Office
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 13,160 square feet across 11 spaces, with five apartments and six ground-floor commercial suites. The spaces are leased month to month. The site includes 17 private parking spaces and carries C2-1VL-CPIO zoning, along with a Transit Oriented Communities Tier 3 designation. Reported performance includes a 7.23% cap rate and an 8.16x gross rent multiplier.
Located in Hyde Park in South Los Angeles, the property is two blocks south of Crenshaw and Florence. Fairview Heights station on the K Line is 0.35 miles away, and SoFi Stadium is approximately 1.4 miles from the site.
Located in Hyde Park in South Los Angeles, the property is two blocks south of Crenshaw and Florence. Fairview Heights station on the K Line is 0.35 miles away, and SoFi Stadium is approximately 1.4 miles from the site.
Key Highlights
- ±13,160 SF mixed‑use property on ±17,126 SF of land
- 11 spaces: five apartments and six ground‑floor commercial suites
- Month‑to‑month leases across all spaces
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five apartments and six commercial suites are occupied under month-to-month leases.
Where is this mixed-use property located?
The property is located at 7401-7413 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: ±13,160 SF mixed‑use property on ±17,126 SF of land; 11 spaces: five apartments and six ground‑floor commercial suites; Month‑to‑month leases across all spaces
