5144 S Crenshaw Blvd, Los Angeles, CA 90043
- Retail space
- 4,710 SF
- 0.26 lot acres
Current Use by Public Records
- Lone Star Market / Bar & Pub
Property Details for 5144 S Crenshaw Blvd
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 0.26 lot acres
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 5013-019-002
- APU
- 5013019002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 13, 2025 | — | Haroni Investments LLC | — | Deed · related | $16.7M · Wells Fargo Bank NA |
| May 18, 2022 | — | Haroni Investments LLC | — | Deed · related | $19.5M · Banc Of California NA |
| Aug 28, 2018 | $1,500,000 | Haroni Investments LLC | Ro Hwang Kook | Grant Deed | $900k · Cathay Bank |
| Sep 30, 2014 | $575,000 | Ro Hwang Kook | Robertjean D Lenox | Grant Deed | $488k · Independence Bank |
| Sep 30, 2014 | — | Kook R Hwang | Hwang,yang S | Quit Claim Deed · related | — |
| Nov 29, 1993 | $300,000 | Robertjean D Lenox | Daniels,frederic | Grant Deed | $270k · Seller |
| Jul 6, 1993 | — | Frederick L Daniels | Del Kem Por INC | Grant Deed · related | — |
| — | — | Robertjean D Lenox | — | Deed Of Trust · related | $215k · Aprl INC |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,820,000
- 6.5%
- $1,680,000
- 7%
- $1,560,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $927,000
Market price range: $289k - $928k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,420,000 Current use
- MEDICAL BUILDING
- $2,145,000 Change: +51% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,995,000 Change: +41% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,315,000 Change: -7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.33
- Latitude
- 33.9954
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA