Listing provided courtesy of Marie Ojeda of T.N.G. Real Estate Consultants. Last updated 2025-04-21 08:28:19.000000. Listing information © 2024 Sandicor.
Asking Price: $995,900 |
5026 Crenshaw, Los Angeles CA 90043
Community: WLA - West Los Angeles
This Specialty property was built in 1920 and is priced at $995,900. Please see the additional details below.
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!