For Sale
Crenshaw, CA
Commercial Real Estate Market Trends & Data
$444
Avg asking sale price
$38
Avg asking lease rate
19,930 SF
Avg unit lease size
16,705 SF
Avg building size for sale
5.88%
Average cap rate
Crenshaw's Demographic Profile
Crenshaw has 17,348 households and a median income of $60,984, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 40,995 |
| # Households | 17,348 |
| Median age | 44 |
| Median household income | $60,984 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 10,734 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Crenshaw, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Crenshaw | $537 | 18,976 SF | 7.35% |
| Leimert Park | $512 | 20,407 SF | 7.35% |
| Windsor Hills | $491 | 7,680 SF | 9.35% |
| Culver City | $681 | 16,931 SF | 5.99% |
| Los Angeles | $606 | 20,172 SF | 10.80% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Crenshaw | $771 | 12,805 SF | 7.35% |
| Leimert Park | $558 | 9,283 SF | 7.35% |
| Windsor Hills | $339 | 29,187 SF | 9.91% |
| Culver City | $709 | 9,391 SF | 4.14% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Crenshaw | $434 | 7,057 SF |
| Leimert Park | $460 | 8,131 SF |
| Windsor Hills | $379 | 18,383 SF |
| Culver City | $936 | 7,608 SF |
| Los Angeles | $637 | 9,263 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Crenshaw | $516 | 19,046 SF | 8.46% |
| Leimert Park | $333 | 25,892 SF | 8.46% |
| Windsor Hills | $375 | 16,842 SF | 8.46% |
| Culver City | $647 | 11,300 SF | 6.52% |
| Los Angeles | $434 | 14,175 SF | 11.81% |
Commercial Properties For Sale in Crenshaw
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Crenshaw pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Crenshaw | $444 | 16,705 SF |
| View Park | $523 | 28,281 SF |
| Leimert Park | $442 | 21,314 SF |
| Windsor Hills | $569 | 30,507 SF |
| Culver City | $642 | 13,072 SF |
Multifamily Properties For Sale in Crenshaw
For Sale
For Sale
Regional Demographic Comparison
This comparison places Crenshaw alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Crenshaw or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Crenshaw | 40,995 | 17,348 | 44 | $60,984 | 2 | 10,734 | -2% |
| View Park | 10,841 | 4,395 | 49 | $105,801 | 2 | 1,279 | -4% |
| Leimert Park | 33,139 | 14,173 | 42 | $49,939 | 2 | 9,735 | -2% |
| Windsor Hills | 52,661 | 18,977 | 43 | $69,027 | 3 | 9,052 | -3% |
| Culver City | 39,379 | 16,234 | 42 | $115,611 | 2 | 7,826 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Crenshaw, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Crenshaw
View All Commercial Real Estate For Sale in Crenshaw
Is Crenshaw a good market for a first-time commercial real estate investor?
Crenshaw offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Crenshaw?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Crenshaw. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Crenshaw?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Crenshaw. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Crenshaw compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Crenshaw. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Crenshaw acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Crenshaw, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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