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    5144 S Crenshaw Blvd Los Angeles, CA 90043
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    Property profile & analytics

    5144 S Crenshaw Blvd, Los Angeles, CA 90043

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    • Retail space
    • 4,710 SF
    • 0.26 lot acres
    New Mixed-Use Retail Spaces For Lease
    $27 SF/Yr

    New Mixed-Use Retail Spaces

    Retail units in new mixed-use development for lease.

    5144 S Crenshaw Blvd, Los Angeles, CA 90043
    View Listing
    Property ID
    US09-7197361
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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

    based on Realmo’s proprietary methodology
    • 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

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $40,675
    $1,640,468
    $1,623,840
    $3,264,308
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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