3631 Crenshaw,Los Angeles, CA 90016
Los Angeles, CA 90016
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.
Details
| MLS # | SR26141596 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 73 |
| Listing Provided By | RE/MAX Gateway | Jose Peralta |
Features
| SQ Feet | 15,751 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Acreage | 0.68 |
Exterior
| Lot Features | Near Public Transit |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | 699 Not Defined |
| Listing VS Median (in 90016) | |
Price: $6,900,000 low | high Med: $975,000 sqft: 15,751 low | high Med: 1,924 $ / sqft: $438 low | high Med: $507 On site: 73 low | high Med: 130 | |
Market Activity 90016
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | 699 Not Defined |
| Listing VS Median (in 90016) | |
Price: $6,900,000 low | high Med: $975,000 sqft: 15,751 low | high Med: 1,924 $ / sqft: $438 low | high Med: $507 On site: 73 low | high Med: 130 | |