Investment Overview

Marcus & Millichap is pleased to exclusively market for sale 14510 Crenshaw Boulevard, presenting a rare opportunity to acquire a fully renovated, institutional-quality commercial asset situated directly in the heart of the South Bay. Encompassing approximately 3,900 square feet of high-grade commercial space on a generous 7,798-square-foot parcel, the building is thoughtfully divided into two balanced, 1,950-square-foot commercial suites. This ?exible dual-suite con?guration creates an ideal dynamic for investors looking for stable multi-tenant income or owner-users seeking to occupy one suite while generating steady rental revenue from the other. The property has undergone comprehensive capital upgrades, offering a truly turn-key asset that requires zero immediate renovation expenditure. Property improvements include fully upgraded electrical systems, dedicated central HVAC units serving each suite, and individual restrooms for both units. Crucially, the asset is equipped with separate water and electrical meters for each suite, dramatically simplifying tenant utility billing, reducing owner exposure to operational overhead, and streamlining day-to-day asset management. Positioned directly along Crenshaw Boulevard, the asset commands exceptional street exposure, prominent building frontage, and high-impact signage opportunities that maximize brand visibility for occupying businesses. The property benefits from City of Los Angeles GAC3 General Commercial zoning, providing an unusually broad umbrella of allowed uses including traditional retail, professional offices, medical suites, showrooms, and service-oriented businesses. Accessibility is further enhanced by 12 secured on-site parking spaces, solving a major operational bottleneck in dense infill submarkets and offering a competitive leasing advantage over competing area properties. Strategically located just minutes from the South Bay’s premier coastal communities and major employment hubs—including Redondo Beach, Torrance, Manhattan Beach, El Segundo, Hawthorne, and Los Angeles International Airport (LAX)—the site is anchored by strong surrounding demographics. The immediate trade area is characterized by high population density, robust consumer spending, and an established mix of national and regional retailers. This prime positioning, combined with high barriers to entry for new commercial construction in the submarket, ensures continuous tenant demand, strong long-term rental growth, and significant potential for future capital appreciation and redevelopment.