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5140 Crenshaw Blvd Los Angeles, CA 90043
  • Price/Unit $307,059
  • Cap Rate 5.4
  • Zoning LAC2
  • Price/SF $570
  • GRM 5.5
  • Bldg Size 9,165 sq. ft
$5,220,000
  • 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

  • Property Type

    Adult Assisted Living, Commercial

  • Year Built

    1940

  • Status

    For Sale, In Escrow

  • Price/SF Lot

    $457

  • Building Size 9,165 sq. ft
  • Lot Size 11,416 sq. ft
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