Map of Property

Baldwin Hills Crenshaw Plaza - Redevelopment

Off-Market

3650 Martin Luther King Jr. Blvd, Los Angeles, CA 90008

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  • Property Type Office - General Office
  • Property Size 300,000 SF
  • Lot Size 42.64 Acre

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $51.71
  • 2022 Office Vacancy Rate 15.62%
  • 2022 Office Completions (SF) 1,443,212

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $508.07
  • Y-o-Y Avg. PpSF Change 4.89%
  • 2022 Office Sales Volume $717.9M
  • 2022 Number of Transactions 16
View more Los Angeles market trends

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable

  • Transit Score ®

    57/100 Good Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Baldwin Hills - Crenshaw
  • Zip Code 90008
  • Market Los Angeles

Points of Interest

  • Expo/Crenshaw

    0.86 miles

  • Farmdale

    1.09 miles

  • Expo/La Brea

    1.46 miles

  • Expo/Western

    1.71 miles

  • La Cienega/Jefferson

    2.31 miles

  • Expo/Vermont

    2.65 miles

  • Expo Park/USC

    2.99 miles

  • Culver City

    3.22 miles

  • Jefferson/USC

    3.47 miles

  • LATTC/Ortho Institute

    3.86 miles

  • Valero

    0.44 miles

  • Arco

    1.06 miles

  • Chevron

    1.09 miles

  • Shell

    1.52 miles

  • Arco

    1.53 miles

  • Mobil

    1.55 miles

  • Chevron

    1.58 miles

  • Chevron

    1.69 miles

  • 76

    1.71 miles

  • Chevron

    1.75 miles

  • Metro Parking

    1.01 miles

  • Numero Uno Market Parking

    1.22 miles

  • Staff Parking

    1.81 miles

  • P

    1.98 miles

  • Metro Park and Ride

    2.27 miles

  • Washington And Fairfax Park And Ride

    2.49 miles

  • North Parking Structure

    2.76 miles

  • Downey Way Parking Structure

    2.78 miles

  • Lot A

    2.78 miles

  • Lot 1

    2.80 miles

  • Baldwin Hills Motor Inn

    1.49 miles

  • Starlight Inn

    2.24 miles

  • Royal Hawaiian Motel

    2.44 miles

  • Sea Way Motel

    2.83 miles

  • Friendship Motor Inn

    2.93 miles

  • King's Lodge

    2.98 miles

  • LA Pyunanhan House

    3.11 miles

  • LA Comfortable house (korean)

    3.11 miles

  • The Shay

    3.15 miles

  • University of Southern California Hotel

    3.26 miles

  • Taco Bell

    0.12 miles

  • Hotville

    0.12 miles

  • IHOP

    0.13 miles

  • McDonald's

    0.34 miles

  • Pizza Hut

    0.55 miles

  • El Pollo Loco

    0.57 miles

  • Domino's

    0.92 miles

  • McDonald's

    1.09 miles

  • Porterhouse Fried Chicken

    1.18 miles

  • McDonald's

    1.29 miles

  • Saint Bernadette School

    0.32 miles

  • Marlton Avenue School

    0.37 miles

  • Audubon Middle School

    0.48 miles

  • Coliseum Street Elementary School

    0.63 miles

  • Hillcrest Drive Elementary School

    0.71 miles

  • Forty-Second Street Elementary School

    0.89 miles

  • Tom Bradley Environmental Science And Humanities Charter Magnet School

    0.90 miles

  • Transfiguration School

    0.93 miles

  • Dorsey Senior High School

    1.07 miles

  • Crenshaw Senior High School

    1.08 miles

  • Vernon Adult Day Program

    1.24 miles

  • Play Mountain Place

    2.72 miles

  • Ralph M. Parsons Preschool

    2.77 miles

  • Valentina's Preschool

    2.80 miles

  • A Child's Place

    2.95 miles

  • Village Tree Preschool

    3.11 miles

  • HIC Daycare

    3.23 miles

  • Happyland Preschool

    3.40 miles

  • Green Beginning Preschool

    3.45 miles

  • Gan Yaffa

    3.73 miles

Frequently Asked Questions

What is the total square footage of Baldwin Hills Crenshaw Plaza - Redevelopment?

Baldwin Hills Crenshaw Plaza - Redevelopment totals 300,000 square feet.

What is the market value for Baldwin Hills Crenshaw Plaza - Redevelopment?

The market value* for Baldwin Hills Crenshaw Plaza - Redevelopment in 2023-2024 was $247,935,740.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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