LA Vision Properties

Purchasing Power: Leimert Park Merchants Come Together To Buy Their Building

Leimert Park Investors

With Metro’s K-line expansion accelerating real estate speculation along the Crenshaw corridor, business merchants in Leimert Park are using group economics as a frontline defense against displacement.

In September, four retail tenants – Akil West (Sole Folks), Anthony Jolly (Hot and Cool Café), Ade Neff (Ride On! Bike Shop) and Dr. Adrian Dove (Kingdom Day Parade) – finalized a deal to purchase the 12,000-SF retail property that houses their businesses.

Given the billions in investment capital pouring into South Los Angeles, the sale of a 70-year-old building in desperate need of repair, may not stand out as a potentially pivotal moment in the future of Black Los Angeles.

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