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New Mixed-Use Retail Spaces
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5144 S Crenshaw Blvd, Los Angeles, CA 90043

Retail units in new mixed-use development for lease.

Space Size880 SF - 1,767 SF
Property Size4,710 SF
Days on Market646

Property Features for 5144 S Crenshaw Blvd

General Information

Standard status Active
Size 880 SF - 1,767 SF
Class B
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 4,710 SF
Year Built 1947
Tenancy Multiple

Spaces For Lease

at 5144 S Crenshaw Blvd Contact us

5150 S. Crenshaw Blvd

Size
880 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

5152 S. Crenshaw Blvd

Size
1,767 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CBM1 West Los Angeles
Listed By: Dave O'Connell · License #CA 1398651
Source: Crexi
Added: Nov 27, 2024 Changed: Aug 24 Last Checked: Sep 2 at 1:29PM

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 CBM1 West Los Angeles

Investment Insights

Based on property information with market context.

Multiple retail units are available for rent in a newly completed mixed-use development. The ground-floor units are suitable for restaurant and retail users. The property is situated beneath four levels of residential apartments, encompassing a total of 79 units. Building amenities include a landscaped courtyard, communal terrace, and recreation room. The new construction mixed-use development is located along the Crenshaw Corridor at the major signalized intersection of Crenshaw Boulevard and 52nd Street.

Key Highlights

  • Newly completed mixed‑use development.
  • Ground‑floor retail units suitable for restaurant and retail users.
  • Superbly located along the Crenshaw Corridor at the intersection of Crenshaw Boulevard and 52nd Street.**

Property Analytics

Current Use

Lone Star Market Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,406
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Fatburger Dining
11,580 visits/mo 0.5 miles

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

Lease Benchmarks for Los Angeles, CA

$27.72 /SF/Yr
Avg Asking Price
$5.45–$36.36 /SF/Yr
Price Range
11,856 SF
Avg Space Size

This space is priced 3% below the average of $27.72 /SF/Yr.

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail units in new mixed-use development for lease.
Where is this mixed-use property located?
The property is located at 5144 S Crenshaw Blvd Los Angeles, CA.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Newly completed mixed‑use development.; Ground‑floor retail units suitable for restaurant and retail users.; Superbly located along the Crenshaw Corridor at the intersection of Crenshaw Boulevard and 52nd Street.**
(818) 917-3020 Call to check price and availability
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