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    4242 Crenshaw Blvd Los Angeles, CA 90008

    Sponsored
    For Lease
    Contact for pricing

    Los Angeles medical office suites available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 6,000 square foot medical office building, located at 4242 S Crenshaw Blvd in Los Angeles, CA 90008, presents a unique opportunity for medical professionals seeking flexible and modern space. The property is situated in Los Angeles County and offers multiple tenancy options, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 2,600 square feet. Currently, the entire 6,000 square feet is vacant, providing an ideal chance to establish a thriving practice or expand an existing one. The building's classification also includes retail and restaurant uses, suggesting a diverse and vibrant surrounding community. This new mixed-use development offers a prime location for medical practices seeking high visibility and accessibility. The building's design is adaptable to various medical specialties, and the available space can be configured to meet specific needs. With its strategic location and versatile layout, this property represents a compelling investment in a growing Los Angeles market. Four individual spaces are available, ranging from 1,000 to 3,400 square feet, allowing for scalability and customization. Interested parties are encouraged to inquire about lease terms and availability.

    Property Features for 4242 Crenshaw Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Unit 101
    Size
    2,400 SF
    Space
    Unit 102A
    Size
    1,000 SF
    Space
    Unit 102B
    Size
    2,600 SF
    Space
    Combined
    Size
    3,400 SF

    HighLights

    • 6,000 SF medical office building available for lease at 4242 S Crenshaw Blvd, Los Angeles, CA 90008.
    • Transit‑oriented development near the Crenshaw Metro line.
    • Located on Crenshaw Blvd, bordering Leimert Park.
    • New construction with 124 adjacent apartment units.
    • High visibility location with extensive street‑front retail.
    • Suitable for various uses including restaurant, retail, medical, and dental.
    Property Profile Location Intelligence

    Current Use by Public Records

    NCM AUTOMOTIVE Auto Body Shop

    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
    -118.3346128
    Latitude
    34.0069165

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    FAQs

    What type of property is this?
    Restaurant - Los Angeles medical office suites available
    Where is this restaurant located?
    The property is located at 4242 Crenshaw Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: 6,000 SF medical office building available for lease at 4242 S Crenshaw Blvd, Los Angeles, CA 90008.; Transit-oriented development near the Crenshaw Metro line.; Located on Crenshaw Blvd, bordering Leimert Park.
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    Los Angeles, CA 90008
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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
    4242 Crenshaw Blvd Los Angeles, CA 90008
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