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    5144 Crenshaw Blvd Los Angeles, CA 90043

    Sponsored
    For Lease
    $36 SF/Yr

    Prime Los Angeles Retail, Mixed-Use Opportunity

    Lot size:
    3,410 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional mixed-use development presents a rare opportunity to lease retail space in a vibrant Los Angeles location. Situated at the highly visible intersection of Crenshaw Boulevard and 52nd Street, this newly completed building offers three available retail units ranging from 763 to 1,767 square feet. Ideal for restaurant or retail businesses, these ground-floor spaces benefit from high foot traffic and excellent visibility along the bustling Crenshaw Corridor. The building is part of a larger development, incorporating 79 residential units across four floors, ensuring a consistent flow of potential customers. Building amenities include a well-maintained landscaped courtyard, a communal terrace perfect for relaxation or outdoor seating, and a convenient recreation room for residents. This prime location offers unparalleled access to a diverse and thriving community, making it an ideal investment for businesses seeking a high-impact presence in a rapidly growing area. The property is located in Los Angeles County, California, with the precise address being 5144 S Crenshaw Blvd, zip code 90043. This is a unique chance to establish a business in a modern, well-amenitized building within a dynamic and densely populated neighborhood. Don't miss this chance to secure your space in this thriving mixed-use development.

    Property Features for 5144 Crenshaw Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,410 SF

    Unit(s) available at that property

    Space
    Retail 1
    Size
    880 SF
    Rate per SF
    $42
    Space
    Retail 3
    Size
    763 SF
    Rate per SF
    $42
    Space
    Retail 2
    Size
    1,767 SF
    Rate per SF
    $36

    HighLights

    • New mixed‑use development in Los Angeles.
    • Ground floor retail spaces, 763‑1,767 square feet, ideal for restaurants or retail.
    • Vanilla shell units, allowing for tenant customization.
    • Five‑story building with 79 residential units.
    • Building amenities include a landscaped courtyard, communal terrace, and recreation room.
    • Excellent location on the Crenshaw Corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lone Star Market Snack Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -118.3306417
    Latitude
    33.995496

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    FAQs

    What type of property is this?
    Retail property - Prime Los Angeles Retail, Mixed-Use Opportunity
    Where is this retail property located?
    The property is located at 5144 Crenshaw Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $36-$42 SF/Yr.
    What are key features of this property?
    This property features: New mixed-use development in Los Angeles.; Ground floor retail spaces, 763-1,767 square feet, ideal for restaurants or retail.; Vanilla shell units, allowing for tenant customization.
    Request Owner's contact information
    5144 Crenshaw Blvd Los Angeles, CA 90043
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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
    5144 Crenshaw Blvd Los Angeles, CA 90043
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