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    2821 Crenshaw Blvd Los Angeles, CA 90016

    Sponsored
    For Lease
    $35 SF/Yr ($14,750 /Mo)

    West LA creative office, 2,500 sq ft available.

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2,500-square-foot creative office space is located at 2821 Crenshaw Boulevard in Los Angeles, California, 90016. The property, part of a larger 5,000-square-foot building, sits on a 14,000-square-foot lot. Built in 1939, this single-story Class B building offers a unique blend of modern amenities and historic charm. The space features a glass-front entrance with double doors, newly refurbished finishes, exposed brick walls, and energy-efficient LED lighting. The high ceilings measure 12 feet, and the space includes air conditioning and heating. Concrete floors add to the industrial-chic aesthetic. Two restrooms are conveniently located within the unit. The property provides five gated and secure on-site parking spaces. The zoning is LAC1.5, and the Los Angeles County Assessor's Parcel Number (APN) is 5050-017-016. Power is supplied by the Department of Water and Power (DWP). This versatile space is ideal for a variety of uses, including showroom, studio, or retail. The minimum divisible space is 2,500 square feet, with the entire 2,500 square feet currently vacant.

    Property Features for 2821 Crenshaw Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Class
    B
    Total Rate
    14750

    Building Details

    Year Built
    1939
    Stories
    1

    Unit(s) available at that property

    Space
    2821
    Size
    2,500 SF
    Rate per SF
    $35

    HighLights

    • 2,500 SF creative office space at 2821 Crenshaw Blvd, Los Angeles, CA 90016.
    • Located in the heart of the transforming Crenshaw District.
    • Features newly refurbished finishes, exposed brick, high ceilings, and energy‑efficient LED lighting.
    • Includes five gated parking spaces.
    • Excellent access to the 10 Freeway and Expo Line light rail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aren Manukyan Counselor Brown Kevin L Counselor Ani M. Manukyan, ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.33516080033
    Latitude
    34.030502182489

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    FAQs

    What type of property is this?
    Office space - West LA creative office, 2,500 sq ft available.
    Where is this office space located?
    The property is located at 2821 Crenshaw Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF creative office space at 2821 Crenshaw Blvd, Los Angeles, CA 90016.; Located in the heart of the transforming Crenshaw District.; Features newly refurbished finishes, exposed brick, high ceilings, and energy-efficient LED lighting.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2821 Crenshaw Blvd Los Angeles, CA 90016
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