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$ 6,900,000
Est. payment /mo
New
3631 Crenshaw Los Angeles, CA 90016
0.68 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26141596
HOA Y/N No
Year Built 1985
Lot Size 0.677 Acres
Property Sub-Type Retail
Property Description
3631 Crenshaw Boulevard | Los Angeles, California
A Transit-Oriented Retail Investment in One of Los Angeles' Evolving Commercial Corridors
3631 Crenshaw Boulevard presents an opportunity to acquire an income-producing neighborhood retail center strategically positioned on one of Los Angeles' most recognized commercial thoroughfares. Located at a signalized intersection with immediate access to the Metro K Line, the property combines stable in-place cash flow with long-term appreciation potential driven by continued public infrastructure investment and neighborhood revitalization.
Offered at $6,900,000, the approximately 15,000-square-foot retail property is occupied by a diverse mix of neighborhood-serving tenants, including medical offices, food service, retail, and personal services. The current tenant roster provides consistent income while reducing dependence on any single business sector, creating a balanced investment profile.
The property's location is one of its greatest strengths. Situated adjacent to the Metro K Line, the center benefits from increasing pedestrian activity, convenient regional accessibility, and exposure to one of Southern California's expanding public transportation networks. Crenshaw Boulevard continues to experience significant public and private investment, positioning the corridor for continued economic growth and long-term value creation.
A Transit-Oriented Retail Investment in One of Los Angeles' Evolving Commercial Corridors
3631 Crenshaw Boulevard presents an opportunity to acquire an income-producing neighborhood retail center strategically positioned on one of Los Angeles' most recognized commercial thoroughfares. Located at a signalized intersection with immediate access to the Metro K Line, the property combines stable in-place cash flow with long-term appreciation potential driven by continued public infrastructure investment and neighborhood revitalization.
Offered at $6,900,000, the approximately 15,000-square-foot retail property is occupied by a diverse mix of neighborhood-serving tenants, including medical offices, food service, retail, and personal services. The current tenant roster provides consistent income while reducing dependence on any single business sector, creating a balanced investment profile.
The property's location is one of its greatest strengths. Situated adjacent to the Metro K Line, the center benefits from increasing pedestrian activity, convenient regional accessibility, and exposure to one of Southern California's expanding public transportation networks. Crenshaw Boulevard continues to experience significant public and private investment, positioning the corridor for continued economic growth and long-term value creation.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description Near Public Transit
Story 1
Water Public
Others
Tax ID 5046001048
Special Listing Condition Standard
Listed by Jose Peralta RE/MAX Gateway 818-723-7204, DRE #01737466