Marcus & Millichap Facilitates $10.7 Million Sale Of School In Los Angeles
4466 Crenshaw Boulevard
$10,700,000
$379/SF
Building Size
28,207 SF
Asset Type
School
Closing
Feb 25, 2026
AI
The school property located at 4466-4518 Crenshaw Boulevard in Los Angeles comprises 28,207 square feet and sits on 1.48 acres. The transaction for this asset closed at a price of $10,700,000, reflecting a price per square foot of $379.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $10,700,000
- Address: 4466-4518 Crenshaw Boulevard
- Market: Los Angeles
- Square Footage: 28,207
- Price Per Square Foot: $379
- Acres: 1.48
- Brokers: Steven Schechter & Brandon Michaels - Marcus & Millichap
This transaction was facilitated by brokers Steven Schechter and Brandon Michaels from Marcus & Millichap, who played a key role in executing the sale, ensuring the property's continued operation within the community.
Players
Los Angeles School Market Snapshot
Boundary boundary · School · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93