We are pleased to present to market a 100% vacant mixed-use building located along the dynamic Crenshaw Blvd corridor. The subject property is located adjacent to Leimert Park and along the new LAX-Crenshaw Metro Rail Line. This opportunity is situated along one of the most dynamic corridors in Los Angeles, with numerous neighboring developments and businesses offering a multitude of employment opportunities. Nearby developments include: a 195-unit mixed-use located adjacent to the property, the redevelopment of the Baldwin Hills Crenshaw Plaza, and various other commercial and residential projects. This property provides a unique opportunity for a new owner to either renovate and achieve market rents, or completely revamp the property to cater it to their owner- user needs. The building consists of 2 commercial retail units, plus 1 second floor residential unit, and a large garage at the rear of the property that could be repositioned into an ADU. Strategically positioned in one of the densest rental markets in Los Angeles, the subject property caters to hundreds of thousands of tenants and customers in the neighborhood, providing easy accessibility to multiple freeways as well as a number of Metro Bus and Rail stops. Contact the listing broker for additional information.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 06/11/2024 @ 18:20
MLS: 24378195
LISTED BY: Casey Lins, Kidder Mathews of California, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
