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    Inglewood Commercial Space Opportunity Title is generated by Realmo AI

    8440 Crenshaw, Inglewood, CA 90305

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    For Sale
    $449,000

    Versatile 1,449 SF space in high-growth Inglewood area.

    Type:Commercial
    Property size:
    1,449 SF
    Price / SF:
    $309/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 5:48 pm

    Property Features for 8440 Crenshaw

    General Information

    Standard status
    Active
    Size
    1,449 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1946

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    Listing Contact
    Isadore Hall

    Listing agent Isadore Hall

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Isadore Hall

    HighLights

    • Prime location in rapidly growing Inglewood near Crenshaw and Manchester corridor.
    • Situated near major stadiums, entertainment venues, and new developments.
    • Versatile 1,449 sq ft space suitable for various business types (medical, salon, daycare, retail, etc.).
    • Strong visibility and high foot traffic.
    • Good transit score (55) and very walkable (73).
    • Seller is highly motivated.

    Overview

    Located in a rapidly growing area of Inglewood, near the Crenshaw and Manchester corridor, this commercial property offers potential for various business uses. The approximately 1,449 square foot unit is situated near major stadiums, entertainment venues, and new developments. The space is suitable for a medical office, beauty salon, daycare, professional services, or retail concept. The property benefits from strong visibility, an excellent location, and proximity to major attractions and foot traffic. The location has a walk score of 73, indicating it is very walkable, a transit score of 55, indicating good transit options, and a bike score of 52, indicating it is bikeable.

    Local Financial Insights For 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 $53.6k $36.96
    − Vacancy −$1.2k −$0.85
    EGI $52.3k $36.11
    − OpEx −$15.7k −$10.83
    NOI $36.6k $25.28
    1,449 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $523.2K
    $457.8K – $610.4K (±1% cap)
    NOI $36,626 @ 7.0% cap · market cap 8.16%
    Second Best
    Office B
    $443.4K
    $388.0K – $517.3K (±1% cap)
    NOI $31,038 @ 7.0% cap · market cap 6.91%
    Theoretical Best
    Office A
    $591.2K
    $517.3K – $689.7K (±1% cap)
    NOI $41,383 @ 7.0% cap · market cap 9.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3271971
    Latitude
    33.9622468

    FAQs

    What type of property is this?
    Retail space - Versatile 1,449 SF space in high-growth Inglewood area.
    Where is this retail space located?
    The property is located at 8440 Crenshaw Inglewood, CA.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Prime location in rapidly growing Inglewood near Crenshaw and Manchester corridor.; Situated near major stadiums, entertainment venues, and new developments.; Versatile 1,449 sq ft space suitable for various business types (medical, salon, daycare, retail, etc.).
    More about this property
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