5471 Crenshaw Blvd, Los Angeles, CA 90043
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5471 Crenshaw Blvd Los Angeles, CA 90043

$3,995,000
  • -- Beds
  • -- Baths
  • 5,317 Sq.Ft.
For Sale
$3,995,000 Get Pre-Qualified

Map preview of 5471 Crenshaw Blvd, Los Angeles, CA 90043

Property Overview: 5471 Crenshaw Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 5,317 living square feet and 23,979 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: $2M Price Reduction! 5471 Crenshaw Blvd, a +/- 23,979sf C2-2D zoned, Tier 4 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located just 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. The building is currently improved with a +/-5,317sf commercial building and a parking lot that can accommodate 25+ cars. Currently, Bank of America operates 2 ATM's on the property with 4 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $167/sf on land, and $37K/developable unit, in line with comparable sales nearby.

Listed by Casey Lins | BRE #01902650 | Kidder Mathews of California, Inc.
Last checked: 9 minutes ago | Last updated: May 21st, 2024 | Source CRMLS | DOM: 446
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Home details

Lot Sq. Ft
23,979
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Other
Status
Active
MLS#
23255455
City
Los Angeles
County
Los Angeles
Time on Site
454 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5471 Crenshaw Blvd

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 25
Lot Information
  • Lot Size Source: Other
Property Information
  • Parcel Number: 5006005028
Location / Neighborhood
Location Information
  • Directions: Google maps: 5471 Crenshaw Blvd. Los Angeles, CA 90043
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Sale History for 5471 Crenshaw Blvd

View property's historical transactions
  • March, 2023

  • Mar 29, 2023

    Date

    Active

    CRMLS: 23255455

    $4,995,000

    Price

Tax History for 5471 Crenshaw Blvd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

5471 Crenshaw Blvd is listed 219.86% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $751.36 per/sqft which puts the price per square foot 3.42% lower than the median price per square foot for the city of Los Angeles.

About 5471 Crenshaw Blvd

Detailed summary of property

5471 Crenshaw Blvd is a other located in Los Angeles, CA 90043 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 5,317 living square feet, and sits on an approximately 23,979 square foot lot. 5471 Crenshaw Blvd was first listed on ArdentRealEstateGroup.com on March 29, 2023. The homeowner is currently asking $3,995,000 and was originally asking $4,995,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 219.86% higher than the median priced home. Local competing homes currently for sale include 1183 Crenshaw Blvd, 11428 S Main St and 1044 S Robertson Blvd. While the average home in Los Angeles, CA is selling in 98 days, 5471 Crenshaw Blvd has a days on market of 446 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 5471 Crenshaw Blvd Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5471 Crenshaw Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$900,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$1,155,000
Median Sold Price/Sq.Ft.
$718
Total Inventory
98
Median Sale to List Price %
101.76%
Avg Days on Market
19
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (5.56%), Other (11.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.