Individually Owned 
For Sale
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4242 Crenshaw Blvd, Los Angeles, CA 90008
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Property summary
AI-generated overview
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 profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1941
Total area
7,656 SF
Lot
0.84 ac (36,698 SF)
Zoning code
LAC1.5
APN
5024-017-037
UPID
US10-0494722
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.93M
Owner & transaction history
since 2019
6 recorded transactions
Zoning & alternative use
LAC1.5 · Los Angeles, CA
Top alternative use upside
Retail stores
$3.1M
+37.1%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 20 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.93M
Value range
$1.74M – $2.12M
±10% around blend
Estimated value / SF
$252 / SF
Confidence
High
20 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$1.74M
blend $1.93M
$2.12M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,656 SF
Lot area
0.84 ac
Year built
1941
APN
5024-017-037
Zoning
LAC1.5
Assessed value
$29,444,400
Annual tax
$361,572
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.39M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.59M
@ 6.5% CAP return
$2.39M
@ 7% CAP return
$2.22M
4
Sales comparison
Partial preview
Sales approach indication
$2.92M
Weighted, 20 comps · high confidence
Evidence
20 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.2 mi away · 6,320 SF
3.1 mi away · 5,366 SF
3.9 mi away · 5,682 SF
4.1 mi away · 6,502 SF
4.6 mi away · 6,265 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.93M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 1102 sales
$300
-16%
County 2504 sales
$309
-18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $252/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+37%
vs current-use indication
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 20 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$29.44M
Move the market yield to see immediate price impact.
Value / SF
$3,846
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.85M
$37.10M
$26.50M
$20.61M
$2.06M
$41.22M
$29.44M
$22.90M
$2.27M
$45.34M
$32.39M
$25.19M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
20 found
High confidence · county-verified
Closest comparable
$395k
1.7 mi · Oct 2025 · $50/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$361,572
Tax year 2024
Assessed value
$29,444,400
Assessed 2024
Previous assessed
$29,444,400
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$11,444,400
Assessed improvement
$18,000,000
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1941
Heating
NONE
Total area
7,656 SF
Lot
0.84 ac (36,698 SF)
Zoning code
LAC1.5
APN
5024-017-037
UPID
US10-0494722
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1.5 · Los Angeles, CAZoning LAC1.5 · permitted uses
LAC1.5 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1941
Heating
NONE
Lot
0.84 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LAC1.5
Jurisdiction
Los Angeles, CA
Recorded code
LAC1.5
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LAC1.5 in Los Angeles, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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