Los Angeles CA Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 3,731
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 2000
- Baths:
- MLS#:
- 24398655
ADDITIONAL INFORMATION
Trust Sale. No Court confirmation required. Rare opportunity to acquire a prime commercial NNN property on a ground lease in highly sought-after Leimert Park. First time for sale, since subject property was developed in 2001. 21,877 sq. ft. (=0.5 acres) lot, zoned LAC2, on the south-east signalized corner of Crenshaw Blvd. & Martin Luther King Jr. Blvd. Tenant is Krispy Kreme, with current lease term until Oct. 31, 2029. Tenant has 2 additional 5-year options to extend beyond Oct. 2029, with annual CPI increases. Starting CAP rate of 5.00% effective Nov. 1, 2024, when the monthly NNN base rent will be $20,743.32. Annual CPI increases with minimum 2.00% effective Nov. 1, 2025. Seller is an independent Trustee, and cannot make any representations as to the condition, history of the subject property. Sold AS IS and WHERE IS. Buyer to conduct their own investigations.
$1,550,000
2320 Vernon Avenue Los Angeles, CA 90008
- Type:
- Other
- Sq.Ft.:
- 3,266
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.31 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- PW24111666
ADDITIONAL INFORMATION
Large Commercial Building has reception area and 1 bathroom. Over 3,000 sq. ft..
- Type:
- Other
- Sq.Ft.:
- 3,240
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- SR24099023
ADDITIONAL INFORMATION
Step into the future of real estate investment at 4279-4281 Crenshaw Blvd in the vibrant heart of Leimert Park, one of Los Angeles' most iconic neighborhoods! Presenting an unparalleled opportunity to seize a prime piece of commercial real estate primed for transformation into a residential haven. This property boasts a current configuration of one level, fully occupied by thriving businesses, ensuring immediate returns on your investment. However, its true potential lies in its approved plans for a visionary redevelopment. With the green light for construction of five 1-bedroom units and one 2-bedroom unit spanning approximately 3,125 square feet, this site is poised to redefine urban living in Los Angeles. Imagine a sleek, modern structure rising up to three stories, offering a total lifestyle transformation. Each thoughtfully designed unit promises contemporary living spaces flooded with natural light, crafted to meet the demands of today's discerning residents. And with the added allure of a roof terrace, residents will enjoy breathtaking views of the surrounding cityscape, creating an urban oasis unlike any other. Location is key, and this property delivers. Nestled in the vibrant Leimert Park area, it enjoys proximity to the new metro/subway station, ensuring effortless connectivity to all corners of Los Angeles. From cultural landmarks to trendy eateries and boutiques, everything the City of Angels has to offer is within easy reach. Don't miss your chance to be a part of the transformation of this iconic Los Angeles area. Invest in the future today at 4279-4281 Crenshaw Blvd and reap the rewards for years to???????????????????????????????????????? come!
- Type:
- Retail
- Sq.Ft.:
- 2,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- PF24048375
ADDITIONAL INFORMATION
Nestled strategically in South LA, this property enjoys a prime location near major entertainment and sports hubs, including the LA Memorial Coliseum, Walt Disney Music Hall, Civic Center, Crypto Arena (formerly Staples Center), Dodger Station, and more. Its position guarantees exceptional visibility and exposure along Crenshaw Boulevard, providing an ideal backdrop for your business and ensuring a prominent presence in the lively city. Boasting prime retail and office space, this property is distinguished by a diverse mix of businesses and regional tenants on Crenshaw Boulevard, such as McDonald's, 7-Eleven market, and Leimert Park Plaza, creating a dynamic environment conducive to the success of your venture. The site offers convenient features, including ample on-site rear parking options, street frontage visibility, and easy access to the 110 & 10 freeways, elevating its overall appeal. Just minutes away from the bustling city center of Downtown Los Angeles, this retail space presents an unparalleled opportunity for success in a thriving urban landscape. The property falls under the (C1-5-1SP) zoning category, and for comprehensive information on zoning, usage, and related city regulations, it is highly advisable to consult with the Los Angeles Planning Department.
- Type:
- General Commercial
- Sq.Ft.:
- 941
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 24351235
ADDITIONAL INFORMATION
SIGNIFICANT PRICE REDUCTION! 2618 W Martin Luther King Jr Boulevard is a well-positioned development opportunity located in Leimert Park, one of the hottest submarkets throughout Los Angeles. The property consists of 5,908 SF of C2 land, positioned on a corner with alley access in the rear. The property has approximately 57' in width, 105' in depth, and a 20' alley in the rear to allow for ingress/egress flexibility on a new development. The current improvements, a 941 SF building that was previously a restaurant use, are in need of either demolition or a full rebuild. Nearby developments include 195 units on Crenshaw Boulevard, the Baldwin Hills Crenshaw Plaza, and various creative offices off of Jefferson Boulevard. With its central location 2.5 miles from USC and just a 2-minute drive from LAX to Crenshaw Metro Rail Line, a new development is expected to be the property's highest and best use. Buyers shall rely on their own due diligence to verify the development potential of the property within the City of Los Angeles.
Los Angeles Real Estate
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90008 has a population of 3,949,776. Los Angeles 90008 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90008 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90008 is 35.2 years.
Los Angeles Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.