Leimert Plaza 4363-4371 Crenshaw Blvd 5,244 SF 100% Leased Retail Building Los Angeles, CA 90008 $3,300,000 ($629.29/SF) 4.50% Cap Rate
EXECUTIVE SUMMARY
The property at 4371 S Crenshaw Blvd is situated in the heart of Los Angeles, making it a central hub for accessing numerous attractions and amenities. It's part of the vibrant Crenshaw area, known for its cultural significance and proximity to key neighborhoods such as Baldwin Hills, Leimert Park, and Jefferson Park.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,244 SF
Building Class
B
Year Built
2006
Price
$3,300,000
Price Per SF
$629.29
Cap Rate
4.50%
NOI
$148,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.39 AC
Zoning
C1 - Commercial
Parking
30 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Restaurant
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $822,576 | |
| Land Assessment | $822,571 | Total Assessment | $1,645,147 |
