5471 Crenshaw Blvd Los Angeles, CA 90043

$3,995,000
0.6 acres
Land

Property details

About 5471 Crenshaw Blvd

$2M Price Reduction! 5471 Crenshaw Blvd, a +/- 23,979sf C2-2D zoned, Tier 4 TOC, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located just 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. The building is currently improved with a +/-5,317sf commercial building and a parking lot that can accommodate 25+ cars. Currently, Bank of America operates 2 ATM's on the property with 4 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+sf sites along the Crenshaw Blvd corridor, with an estimated cost of $167/sf on land, and $37K/developable unit, in line with comparable sales nearby.

Highlights

Home typeOther
StatusAccepting Backup Offers
(Active Under Contract)
Lot size0.5505 Acres
MLS #23255461
ViewCity Lights

Summary

  • MLS Number: 23255461
  • MLS Name: CRMLS
  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,995,000

5471 Crenshaw Blvd

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Price information

Property sales

DateEventPrice
Feb 22, 2022
Home Sold
$1,926,000
Jan 13, 2022
Home Sold
$1,900,000

Tax history

YearAssessmentProperty Tax
2024$2,003,810$26,214
2023$1,964,520$25,715
2022$842,577$11,918
2021$826,057$11,513
2020$817,587$11,212
2019$801,557$10,645
2018$785,841$10,438
2017$770,433$10,438

History based on county public records data.

Nearby schools

3

Icef View Park Preparatory Elementary School

Public Charter KG-5

0.2 mi

5311 Crenshaw Blvd

3

Crete Academy

Public Charter KG-6

0.5 mi

6103 Crenshaw Blvd

3

Angeles Mesa Elementary

Public District KG-5

0.6 mi

2611 W 52nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,981. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

30%
<35k
45%
35k-100k
19%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
13%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5471 Crenshaw Blvd

This home is located at 5471 Crenshaw Blvd in Los Angeles, CA and zip code 90043 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2023 and is currently priced at $3,995,000.

Over 294 listings were sold over their listed price in January 2025 in Los Angeles, CA. In the same period over 545 listings were sold below the listed price and 161 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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