5026 Crenshaw Boulevard Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90043
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,932 sqft
Price per Sqft $339
MLS Listing ID CRRS25046282
HOA Y/N No
Year Built 1920
Lot Size 9,146 Sqft
Acres 0.21
Property Sub-Type Comm Ind For Sale
Property 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 garage—perfect 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!
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 5013019020