Contacts
Casey Lins
Kidder Mathews
(213) 225-7223
Barak Cassilly
Kidder Mathews
(213) 225-7234
Property Details
- Property Type Retail
- Property Size 23,979 SF
- Building Class B
- Year Built 1963
- Date Updated Apr 29, 2024
$2M Price Reduction! 5471 Crenshaw Blvd, a +/- 23,979
SF C2-2D zoned, Tier 4 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor.
THE OFFERING
Crenshaw Blvd corridor. Located just 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City.
The building is currently improved with a +/-5,317sf commercial building and a parking lot that can accommodate 25+ cars. Currently, Bank of America operates 2 ATM’s on the property with approximately 4 years remaining on their initial lease term. Whether you’re a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations.
The Crenshaw corridor is going through significant upgrades with nearby developments include
The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza!5471 Crenshaw Blvd presents one of the last few remaining 20,000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $167/sf on land, and $37K/developable unit, in line with comparable sales nearby.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Los Angeles, CA
- Neighborhood Hyde Park
- Zip Code 90043
- Market Los Angeles
Points of Interest
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Expo/Crenshaw
2.18 miles
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Expo/Western
2.28 miles
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Farmdale
2.42 miles
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Expo/La Brea
2.70 miles
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Expo/Vermont
2.95 miles
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Expo Park/USC
3.22 miles
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La Cienega/Jefferson
3.38 miles
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Jefferson/USC
3.73 miles
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Hawthorne/Lennox
4.16 miles
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Culver City
4.16 miles
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Shell
0.17 miles
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Arco
0.18 miles
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Arco
1.55 miles
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Chevron
1.56 miles
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Valero
1.74 miles
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Chevron
2.12 miles
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76
2.15 miles
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76
2.27 miles
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Vons 2502 Fuel Station
2.31 miles
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Arco
2.37 miles
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Numero Uno Market Parking
1.21 miles
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Metro Parking
2.32 miles
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Staff Parking
2.35 miles
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Kareem Lot / The Forum
2.39 miles
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Prairie Lot / The Forum
2.44 miles
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Yellow Zone
2.61 miles
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P
2.74 miles
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Platinum Zone
2.77 miles
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Red Zone
2.80 miles
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Joe's Auto Parks
2.85 miles
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KFC
0.19 miles
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Burger King
0.20 miles
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El Pollo Loco
0.85 miles
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Pizza Hut
0.96 miles
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McDonald's
1.03 miles
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McDonald's
1.13 miles
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Porterhouse Fried Chicken
1.17 miles
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Pollo Campero
1.17 miles
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IHOP
1.21 miles
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IHOP
1.22 miles
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Right Choice Caribbean Market
1.13 miles
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Food 4 Less
1.20 miles
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Sears
1.31 miles
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Slauson Super Mall
1.50 miles
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Albertsons
1.60 miles
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Ralphs
1.83 miles
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Big Lots
2.15 miles
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Smart & Final
2.25 miles
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Vons
2.37 miles
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Ralphs
2.41 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.