5026 Crenshaw Boulevard , Los Angeles, CA 90043
Los Angeles, CA 90043
Description
Prime Commercial Opportunity in the Heart of Crenshaw! Seize the chance to own a high-visibility commercial property in one of Los Angeles’ most dynamic and evolving corridors! Located at 5026 Crenshaw Blvd, this former restaurant space is brimming with potential for investors, developers, and business owners looking to make their mark in a rapidly growing area. With its C2 zoning, opportunity zone incentives, and exceptional traffic counts, this property is primed for success. Key Highlights: - - High-Traffic Location - Over 45,000+ daily vehicles pass through Crenshaw Blvd, ensuring maximum exposure. - - Opportunity Zone & C2 Zoning - Unlock potential tax benefits and flexible commercial use options. - - Generous Lot Size - Spanning 9,143 sq. ft. with a 2,932 sq. ft. building & detached garageperfect for redevelopment. - - Thriving Business Corridor - Positioned in the Crenshaw Corridor Specific Plan, surrounded by new developments and infrastructure growth. - - Proven Business History - Previously home to Margaritas Cafe (2014-2022), showcasing the property’s viability for restaurant or retail use. - Don’t miss this rare investment opportunity in a neighborhood on the rise!
Details
| MLS# | RS25046282 |
|---|---|
| Listing Type | For Sale |
| Style | Special Purpose |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 46 |
| Listing Provided By | T.N.G. Real Estate Consultants 714-987-3310 | Marie Ojeda |
Features
| SQ Feet | 2,932 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.21 |
Market Activity 90043
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90043 |
| Area | WLA West Los Angeles |
| Listing VS Median (In 90043) | |
Price: $995,900 low | high Med: $895,000 SqFt: 2,932 low | high Med: 2,236 $ / SqFt: $340 low | high Med: $400 On site: 46 low | high Med: 117.000000 | |