4429 Crenshaw Boulevard, Los Angeles, CA 90043

About this commercial property

Great investment opportunity...that value add building located on the new Crenshaw train line due to open 2020. This Mix-use building has 19 units, which includes (5) retail stores, (1) 3 bed unit, (4) 2 bed units, (8) 1 bed units and (1) studios all with 1 bath. The retail spaces are approximately 1000sqft. Bring your management and ride the upside to this building and community. Can be purchased separately or with adjoined 14 units located at 4425 Crenshaw Blvd. Future transit oriented development site as well. Land is Zoned Tier 4 TOC, can build 67 units by right up to 109 units with density bonus, when developed with adjoined building. Huge upside potential. Buyer to satisfy self in regards to permits, square footage.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$3,300,000

Sold August 2020 · listed $3,100,000, on market February 2020 · MLS #SR20032985 · Source: CRMLS

Listing Agent: Vance Edwards · Listing Office: Compass · Contact: 310-500-1600 · Bought with: NONMEMBER · NONMEMBER MRML

$1,850,000

Sold February 2013 · listed $1,900,000, on market September 2012 · MLS #M12120301 · Source: CRMLS

Listing Agent: LEONARD DINOLFO · Listing Office: LEONARD DINOLFO, BROKER · Contact: 323-573-0762 · Bought with: LEONARD DINOLFO · LEONARD DINOLFO, BROKER

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