Main Content
- Price/Unit $307,059
- Cap Rate 5.4
- Zoning LAC2
- Price/SF $570
- GRM 5.5
- Bldg Size 9,165 sq. ft
- Status For Sale, In Escrow
- Year Built 1940
- Property Type Adult Assisted Living, Commercial
About This Property
5140 Crenshaw Blvd is a licensed 24-hour Adult Residential Assisted Living Facility with capacity for 33 residents, consisting of 17 shared rooms with two beds each and 1 private room. The facility includes a kitchen providing three daily meals, two management offices with staff rooms, a consultation/day room, on-site laundry facilities, a rear parking lot with 8 spaces, a common area, and an on-site convenience market offering basic necessities and food. The property is a 9,165 SF building situated on an 11,416 SF lot, zoned LAC2. The Crenshaw corridor is rapidly transforming with the new Metro Crenshaw/LAX Line bringing direct access to Downtown and LAX. Ongoing development includes multiple
new apartment and mixed-use projects, fueling demand for housing, retail, and services. With major infrastructure upgrades and steady growth, Crenshaw Blvd is emerging as one of LA’s strongest investment opportunities!
Property Details
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Property Type
Adult Assisted Living, Commercial
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Year Built
1940
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Status
For Sale, In Escrow
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Price/SF Lot
$457
- Building Size 9,165 sq. ft
- Lot Size 11,416 sq. ft
