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6622 Crenshaw Blvd 4,010 SF 100% Leased Retail Building Los Angeles, CA 90043 $1,695,000 ($422.69/SF) 5.62% Cap Rate
Investment Highlights
- Mixed-use property incorporating retail, office, residential, and a fully permitted clinic space.
- Close proximity to LAX, major highways, and multiple public transportation options enhances connectivity.
- Additional upside opportunity: The neighboring property at 6620 Crenshaw Blvd is also available for negotiation.
- Situated in the City of Los Angeles Opportunity Zone — offering compelling potential tax & construction advantages for qualified investors.
- High-visibility corner-lot positioning provides superior exposure and frontage along Crenshaw Boulevard.
- Acquiring both parcels presents a rare chance to combine lots (11,880 SF), enhance income potential, reposition the asset, or pursue redevelopment.
Executive Summary
Mixed-Use! completely upgraded! Owner user or Investment Opportunity. A strategic blend of commercial retail, professional office space, residential unit upstairs! newly built clinic space based on OSHPOD requirements. Ideally positioned on the corner of a major intersection, this property benefits from outstanding pedestrian and vehicle exposure, making it highly desirable for both tenants and investors. Located in city of los Angeles Opportunity zone & within approximately two miles of the new Los Angeles Rams Stadium, the property enjoys strong growth potential driven by continued area development and increasing demand.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,010 SF
Building Class
C
Year Built
1950
Price
$1,695,000
Price Per SF
$422.69
Cap Rate
5.62%
NOI
$95,254
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.18 AC
Zoning
C2, Los Angeles - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
7 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
65’ on Crenshaw Boulevard
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
- Pylon Sign
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4006-016-027 | Total Assessment | $1,510,000 (2025) |
| Land Assessment | $950,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $560,000 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4006-016-027
Land Assessment
$950,000 (2025)
Improvements Assessment
$560,000 (2025)
Total Assessment
$1,510,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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6622 Crenshaw Blvd
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