4300 Crenshaw Blvd Los Angeles, CA 90008-4902
- Office buildings
- 6,994 SF
- 0.19 lot acres
Current Use by Public Records
- Zandizadeh Esfahani Mahin Dr / Psychiatrist
- Good Neighbor Clinic / Psychiatrist / Internist
- Umcc Medical Clinic / Medical Clinic
- Hazel McKillop, MD / Internist
- Dr.Pamela Smith / Psychiatrist
Property Details for 4300 Crenshaw Blvd
- Year built
- 1949
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.19 lot acres
- Property size
- 6,994 SF
- Zone code
- LAC1.5
- Property type
- Office buildings
- APN
- 5024-018-022
- APU
- 5024018022
Description
This newly renovated, 6,994 square foot freestanding retail building is located at 4300 Crenshaw Blvd in Los Angeles, CA 90008, at the signalized intersection of Crenshaw Blvd and 43rd St in Leimert Park. The property offers multiple tenancy options, with a minimum divisible space of 1,750 square feet and a maximum contiguous space of 1,750 square feet. Two spaces are currently available. The building's prime location offers excellent visibility and accessibility, situated near various retail businesses, schools, residential areas, and medical facilities. Unit 4302 boasts exclusive, double-sided monument signage providing significant exposure to traffic on Crenshaw Blvd. The property is suitable for a variety of uses, including retail, medical, dental, urgent care, and cannabis businesses (qualified operators should inquire directly). Tenant improvements may be available to qualified parties. Lessees are responsible for verifying all information and proposed uses with the city. Existing retail spaces are currently tenant-occupied
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,575,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,595,000
- 6.5%
- $2,645,000
- 7%
- $2,790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,695,000
- Geo Method
- $2,640,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,695,000
- Retail
- $2,430,000
- Mixed-Use
- $2,210,000
- Hospitality
- $2,975,000
- Educational
- $2,545,000
- Residential Income
- $2,620,000
- Energy
- $2,655,000
- Income-Based Land
- $2,430,000
- Food Service
- $2,685,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.333
- Latitude
- 34.0054
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA