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6622 Crenshaw Blvd 4,010 SF 100% Leased Retail Building Los Angeles, CA 90043 $1,850,000 ($461.35/SF) 5.15% 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
Prime Mixed-Use upgraded Investment Opportunity in excellent condition. Featuring a strategic blend of commercial retail, professional office space, residential units & 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 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
$1,850,000
Price Per SF
$461.35
Cap Rate
5.15%
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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