Crenshaw CA Real Estate & Commercial for Sale

Situated in an Opportunity Zone with excellent tax saving potential for investors and owner-users, 4703-4705 Crenshaw Blvd. is an extensively renovated mixed-use storefront retail / residential building in the heart of the Crenshaw District of Los Angeles.The property includes a ground floor retail space of 1,800 SF divided into two units. Each unit benefits from over 15 foot high ceilings, extensive renovations, and has a 350 square foot built-out loft area. Unit 4705 has a loft with interior access, used for additional retail storage, or office use, while Unit 4703 has a 350 square foot loft built-out as a residential studio apartment unit with exterior access via a recently rebuilt wooden staircase. Unit 4705 is used for clothing retail sales, on a month-to-month lease. With its rear exterior access, the studio apartment loft above unit 4703 has the option to be leased out separately. Unit 4705 is vacant. On-site parking of 6 spaces is available at the rear (west) side of the building with secured, gated, alleyway access. The building is wood frame & stucco with a flat roof design. Crenshaw is a historically rich neighborhood that has established itself as an axis of culture, politics, and the arts, specifically within the African American community. Its central location, equidistant from the West Side, Downtown L.A., and Hollywood, makes it a crossroads for the Los Angeles scene. Recently, there have been a spate of large mixed-use development projects within a one mile radius of the subject property, including the Crenshaw Lofts, a 195 unit project in development immediately next door. An owner-user can obtain up to 90% Small Business Administration (SBA) Financing.

This property is being sold for land value only. Can be sold alone or together with two other lots 4924 and 4928 Crenshaw Blvd, for a total of 22854 square foot for ($5.700,000 ) Zoning LAC2. Can accommodate up to 85 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.Your GoalsAbout UsSolutionsInsightsQualified Opportunity Zones: What Investors Should KnowOctober 2022 Print ShareFacebookTwitterskyscapper buildings and blue skyKey takeaways:The 2017 Tax Cuts and Jobs Act established the Qualified Opportunity Zone program to provide a tax incentive for private, long-term investment in economically distressed communities.Investors in these programs are given an opportunity to defer and potentially reduce tax on recognized capital gains.Tax savings are only available when investors retain the investment in the Qualified Opportunity Fund for the time frame stated.What this may mean for you:If you are facing a significant tax liability as a result of capital gains, investing in a Qualified Opportunity Fund may be worth exploring, provided you invest within a prescribed amount of time.What is an Opportunity Zone?An Opportunity Zone is a community nominated by the state and certified by the Treasury Department as qualifying for this program. The Treasury Department has certified zones in all 50 states; Washington, D.C.; and U.S. territories.1 A list can be found at the U.S. Department of Housing and Urban Development.How does this program work?To defer a capital gain (including net 1231 gains), a taxpayer has 180 days from the date of the sale or exchange of appreciated property to invest the realized capital gain dollars into a Qualified Opportunity Fund, an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in Qualified Opportunity. The fund then invests in Qualified Opportunity Zone property.The taxpayer may invest the return of principal as well as the recognized capital gain, but only the portion of the investment attributable to the capital gain will be eligible for the exemption from tax on further appreciation of the Opportunity Zone investment, as explained below. The Opportunity Zone program allows for the sale of any appreciated assets, such as stocks, with a reinvestment of the gain into a Qualified Opportunity Fund. There is no requirement to invest in a like-kind property to defer the gain.Note that a taxpayer who receives a reported capital gain from a flow-through entity, such as a partnership, an S-corporation, or a trust/estate, has the option to start the 180 day investment period on any of the following dates:the last day of the entity taxable year;the same date that the entity's 180 day period begins; orthe due date for the entity's tax return, without extensions, for the taxable year in which the entity realized the eligible gain. Qualified Opportunity Fund A Qualified Opportunity Fund is any investment vehicle that is organized as a corporation or a partnership for the purpose of investing in Qualified Opportunity Zone property (other than another Qualified Opportunity Fund) that holds at least 90% of its assets in Qualified Opportunity Zone property.Similar to other investments, an investment in a Qualified Opportunity Fund may increase or decrease in value over the holding period. In addition, income may be paid on this investment. Given that the purpose of the program is to improve particular areas, it is expected that the fund will continue to invest in the improvement of the property in which it is invested. Cash flow may occur once the property improvements are complete and the property is leased or sold to third parties.Because Qualified Opportunity Funds are income tax planning tools and are investment options for taxpayers, these investments may involve ris

This property is being sold for land value only. two lots 4924 and 4928 Crenshaw Blvd, are being sold together for a total of 15236 square foot for ($3.800,000 ) Zoning LAC2. Can accommodate up to 60 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.

We are pleased to present this Excellent Los Angeles Location, Great Unit Mix - 13 - 1 Bedroom + 1 Bathroom, 7 - 2 Bedroom + 2 Bathroom Units with 20%+ Rental Upside! 12.15 X GRM, 4.90% CAP at current rents! Soft-Story Retrofit Completed in 2018! Gated Entry with Gated On-Site Parking! Zoned LAR3 on large lot! Spacious Units!

Location! Location! DEVELOPERS DREAM! Build 20 units by right or 40 units taking advantage of TOC Tier III incentives. Located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. C2 Zoned 9,148 sq ft lot. Eased parking - No Parking restrictions due to close proximity to Metro K Line stations! Current improvements include a SFR 1,946 sq ft + Garage Converted ADU 360 sq ft. Well maintained property with low maintenance allow you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall, Crenshaw Crossing, 5300 Crenshaw Blvd 82 units under construction, 5144 Crenshaw Blvd 79 units under construction just to name a few. Need to complete a 1031 exchange? Look no further. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. No warranties expressed or implied.

Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.

Great Opportunity to own in Baldwin Village! The gated complex consists of 18 units, including 2 units with 2 bedroom and 1.25 baths, 2 units with 2 bedrooms and 1 bath, and 14 units with 1 bedroom and 1 bath. The complex also features a nice open courtyard and gated parking accessible from the alley.

The current business is a well - appointed day program. The environment is a classroom setting which is beautifully painted and decorated. This building has a multitude of uses.

*GREAT INCOME PROPERTY.!!! 3 RETAIL OR STORE FRONT UNITS ON THE STREET LEVEL.*#6 RESIDENTIAL APARTMENT UNITS ON THE 2ND FLOOR. APARTMENTS ARE A VARIETY OF, STUDIOS, AND #1 BEDROOMS
BATHROOM, BEDROOMS& #1 BATHROOM APARTMENTS. HIGH INCOME POTENTIAL!!! A MONTH. *A, RUNNING BEER AND WINE LICENSE STORE, WITH GROCERIES AND SUPPLIES, ALSO AVAILABLE. CALL BROKER TO DETAILS. *LOCATED CLOSE TO, BMO Stadium, The Natural History Museum of Los Angeles County, The Kia Forum, SoFi Stadium, YouTube Theater, and many other event venues. GREAT LOCATION, LOCATION, LOCATION!!! Many redevelopments' projects in the area. *The property has A large lot with parking in the rear of building. located on a Conner lot, with high traffic count. Great location for small store, retail or offices space. Or might be able to expand in rear. please check with the city building and planning office to verify. Buyer is responsible to do their own due diligence.**Buyer to do their own due diligence regarding, what can be done with property. seller or broker, agents make no guarantees. or suggestions to what can be done on property buyer is responsible to do their due diligence.***Buyers or agents please do not go to property without an appointment do not disturb tenants or talk to tenants they do not know property is for sale. No exceptions please. drive by only, please

4351 South Western Avenue is located on the southwest corner of western and 43rd place. The property is zoned mixed used with two commercial storefronts on the first floor and six residential units on the second floor. 7,615 Combined total square feet There are three recently renovated residential vacancies; ready for market rent tenants. Enclosed parking is located at the rear of the property for all tenants. All units have separate electrical and gas meters. Close proximity to USC and downtown Los Angeles.

BANKRUPTCY COURT SALE. 5 BUILDINGS ON 2 LOTS FOR SALE for an insanely low $269.00 Per SF! - 2 Industrial bow truss warehouses on Jefferson and a newer 2-story building in the back . The back building has office and warehouse on the second floor and the first floor is warehouse with tuck under parking. Also for sale with this property is 3409-3421 S. La Brea Ave. which consists of a retail building with a warehouse building behind it. The properties are being sold together as a portfolio. The La Brea property is retail with a beautiful warehouse in the back that is approx. All tenants are month to month. PHASE 1 & PHASE 2 recently completed with a clean bill of health. No action required. The square footage shown in MLS is estimated and for both parcels (all 5 buildings). Brokers & Broker's Agents make no representations or warranties, express or implied, as to the accuracy of the information that has been provided to them. Square footage is according to various estimations listed online, MLS Tax information, CoStar, and/or other sources. Buyer and Buyer's Agents/Broker(s) to verify.

This property boasts retail visibility along a major street. It is in a sought-after area that is rarely up for sale and neighboring communities has seen several development projects thanks to the new LAX/Crenshaw metro line. This can be a great office space, store front, club house, music studio, beauty salon, barber shop and the list goes on. The building is 1,000 square feet with a nice size lot at 2,840 square feet. It is a fixer upper that you can make your own. Parking in back as well as street parking. Make it yours today!Seeking cash offers. The property is offered "as-is". No financing contingencies. The Agent or Seller do not make any representations or warranties. Buyer to make their own investigations.

GREAT LOCATION ON SLAUSON AVENUE AND 8TH STREET AND A STOP LIGHT CONTROLLED INTERSECTION - CURRENTLY IS A MINI MARKET THAT HAS A DRIVE THROUGH WINDOW THERE IS A SECOND BUILDING THAT IS BEING USED AS RECORDING STUDIO - THEIR IS ENGRESS AND DEGRESS ENTRANCES ON 8TH STREET AND SLAUSON AVENUE - THEIR ARE PLANS AVAILABLE TO CONNECT TO 2 BUILDINGS WITH AN ADDITIONAL 1700 SQFT WITCH WOULD BRING THE TOTAL SQUARE FOOTAGE TO ABOUT 2300 SQUARE FOOT - IDEAL FOR EXSPANSION OR REDEVELOPEMENT

This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.

Excellent location4800 sq ft lot R1.5 1 story building in the West Adams area of LA. 3 unit building consists of (Three) 1 Bedroom/1Bathroom units and separate garages. Possible development potential. Each unit is separately metered and has its own individual water heater. Current rents below market, giving add values. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail providing great access. Tier 3 TOC.

Investment opportunity in Mid City. Property features 14 units and with easy access to the 10 fwy.

We are pleased to present the sale of 2710-2718 W Slauson Ave. Los Angeles, CA 90043 which consists of a 0.21-acre (9,497 square foot) development site, zoned C2-1VL-CPIO in Tier 3 Transit Orient Communities (TOC). The property is within close proximity to the new Crenshaw Line transit, dining, convenient stores, and entertainment. Centrally located between Inglewood/LAX/USC/SOFI Stadium and much more. Great opportunity to build 100% affordable housing with little to no parking, in a great Transit and Bike friendly neighborhood.

Great Investment opportunity , 4 commercial and 2 residentialmixed use, LAC2 zoning, walking distance to Crenshaw Metro Rail Line, excellent location.close to transportation, schools and much more.New electric panel.Lots of potential to develop

FREE STANDING RETAIL BUILDING @ 3200 Sf. with ample parking.Please drive by.The lot size - 13821 Sf. A single tenancy, currently a Supermarket. The property is sold with vacant procession at close of COE. This City is one of the fastest growing district. If you drive around the location, modern multifamily condos are coming up all over the place. USC is just mins away from this place.The location is ideally close to Downtown with easy commute.Buyer is advised to do his own due diligence verifying the size and condition of property.Seller and Sellers agent is not aware of the accuracy of the size and other condition as shown in the public Record.

We are pleased to present 2306 W. Slauson Avenue in Los Angeles, an ideal owner-user opportunity for storefront retail or showroom/warehouse use.The property is ideally located on a heavily trafficked corridor which sees over 30,000 cars passing by daily. The building benefits from rear alley access and gated, secured parking. Situated near the sought-after Crenshaw District and Leimert Park, the asset is also just 0.7 mile from the Home Depot anchored retail destination at Slauson and Western. With its two entrances on Slauson, the building could be divided into two separate retail spaces. The current tenant is on a month-to-month basis. Owner-users can obtain up to 90% Small Business Administration (SBA) financing.

This is a recently upgraded building with a long term tenant. Large Lot with plenty of parking. Updated plumbing, kitchen and bathrooms. Zoned LAC2 on Western Ave. Tons of options.

West Adams Creative! We are pleased to present 5115 W Adams Blvd, a commercial building with 4-6 parking spaces along one of the trendiest corridors in Los Angeles. Located just steps away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, any owner-user will fall in love with the neighborhood. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists restaurants, new hotels, art galleries, and production studios throughout. Priced well below the neighborhood average of $716/sf on commercial buildings, the building presents a true under market opportunity. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information please contact the listing broker.

30% leased at $2.25 per Sq.Ft. For sale or lease prime manufacturing/warehouse building near Downtown LA. This renovated gem features 7,000 Sq. Ft. with flexible divisions: Two 2,000 Sq. Ft. units (can be combined for a total of 4,000 Sq.Ft.) perfect for a multitude of retail or indoor shopping (swap meet) type uses and one 1,000 Sq. Ft. unit perfect for retail store, or other commercial or office type uses. Signalized intersection corner lot. Impressive 21' Bow Truss ceilings and 13.5' clearance. Equipped with 200 AMP power service. 2 roll-up doors for convenient access. Newly redone roof with a 5-Year Warranty. Frontage on W. 54th Street and Denker Avenue. Strategically located just one block east of Western Avenue and one block west of Normandie Avenue, minutes from Downtown LA, and 1.6 miles west of the 110 Freeway. Zoned LAC1 and in a TOC Tier 2 Zone, potential for building 28 units using TOC or pursuing 100% affordable projects.

We are pleased to present a 5,868 SF retail strip-center located at 2603 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location south of West Adams Boulevard and east of Fairfax Avenue. Built in 1929, this property contains eleven (11) retail spaces averaging 516 SF each. The property is situated on a signalized hard corner along West Adams Boulevard, providing excellent traffic counts and solid building frontage. All tenants are on gross month-to-month leases. The property is designated within the commercial corridor subarea per the West Adams CPIO, which is currently promoting a "main street" shopping experience by providing direction for the adaptive reuse of existing structures. The site offers Tier 1 TOC benefits for residential redevelopment, allowing for favorable development standards. In addition to TOC, the site is also eligible for ED1 utilizing State Density Bonus with reduced parking under AB 2097. Tenants will love being within walking distance to incredible West Adams amenities such as Mizlala, Tartine, Vees Cafe, Alta, MIAN West Adams, and many more. Situated in a prime West Adams location in an opportunity zone, this offering presents an excellent opportunity for any investor to capitalize on adding value along a revitalizing main thoroughfare or redeveloping in one of the most up-and-coming markets of Los Angeles.