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4279-4281 Crenshaw Blvd 3,240 SF 65% Leased Retail Building Los Angeles, CA 90008 $1,877,777 ($579.56/SF) 3.73% Cap Rate
INVESTMENT HIGHLIGHTS
- Major upside in a growing market
- Sold in as-is condition
- Delivered with renovation plans (see photos/renderings)
- Ideal for retail, creative office, or mixed-use
EXECUTIVE SUMMARY
?? NOW PRICED AT $1,877,777
?? 4279 Crenshaw Blvd | Los Angeles
?? 4 UNITS | INCOME PRODUCING
This iconic commercial building is back and available — and this time it’s bringing cash flow + creative financing potential to the table! Currently generating $109,200 in gross annual income with $77,383.74 in effective income, this is the perfect blend of stability + upside.
? Tenants in place – income from Day 1
? Approx. 3.21% CAP Rate
? Sold AS-IS or WITH renovation plans
? Seller MAY CONSIDER SUBJECT TO OFFERS
? Prime Crenshaw Blvd frontage
? Massive redevelopment & appreciation potential
Whether you’re a buy-and-hold investor, a developer, or a creative deal maker, this property gives you options:
?? Hold for income
?? Renovate with existing plans
?? Explore Subject-To financing possibilities
?? DM me for the financials, renovation plans, or to schedule a private showing.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Commuter Rail
- Metro/Subway
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Spacious Live/Work Storefront on Crenshaw Blvd – Prime Leimert Park Location! Located in the heart of historic Leimert Park with high foot traffic, this large storefront sits directly across from hundreds of brand-new apartment homes—offering excellent visibility and customer potential. This versatile space is a blank canvas ready for your creative business vision. Features include a private office, dedicated bathroom, and break room area. Ideal for entrepreneurs, creatives, or anyone looking to combine workspace with opportunity in one of LA’s most vibrant neighborhoods. IE: Nail tech suites, Esthetician suites, Tattoo parlor, Apparel. ETC.
| Space | Size | Space Use | Position | Available |
| 4281 | 1,120 SF | Retail | In-Line | Now |
4281
| Size |
| 1,120 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
4281
| Size | 1,120 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Spacious Live/Work Storefront on Crenshaw Blvd – Prime Leimert Park Location! Located in the heart of historic Leimert Park with high foot traffic, this large storefront sits directly across from hundreds of brand-new apartment homes—offering excellent visibility and customer potential. This versatile space is a blank canvas ready for your creative business vision. Features include a private office, dedicated bathroom, and break room area. Ideal for entrepreneurs, creatives, or anyone looking to combine workspace with opportunity in one of LA’s most vibrant neighborhoods. IE: Nail tech suites, Esthetician suites, Tattoo parlor, Apparel. ETC.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5024-007-005 | Improvements Assessment | $191,684 (2025) |
| Land Assessment | $1,533,055 (2025) | Total Assessment | $1,724,739 (2025) |
PROPERTY TAXES
Presented by
Exp Realty
4279-4281 Crenshaw Blvd
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