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1029 N La Brea Ave

1029 N La Brea Ave, Inglewood, CA 90302

Listing Price: $1,500,000

Cap Rate
4.29%
Gross SF
3,704
Rentable SF
3,704
Price/Gross SF
$404.97
Lot Size
0.12 acres
Year Built
1930

Investment Overview

Marcus and Millichap is pleased to present 1029 N La Brea Avenue, an approximate 3,704 SF commercial building sitting on a 5,171 SF Lot located in the city of Inglewood. The property provides a great opportunity for an investor to acquire a property with future rental upside. There is also an opening for an owner-user to purchase the property. The property is currently owner occupied and will be delivered vacant; allowing flexibility for a user to occupy the premises after the close of escrow.

The property is located just north of the busy Centinela Ave and N La Brea Ave intersection. North La Brea Avenue is a major North-South thoroughfare, that sees roughly 33,600 vehicles per day. The property also sits about one mile east of the 405 freeway, one and a half miles north of the world-famous Inglewood Forum, and about two miles north of the brand new SoFi Stadium. This section of Inglewood boasts ideal demographics as there are more than 269,000 people living in a 3-mile radius, with an average household income exceeding $86,000 in a 3-mile radius.

Investment Highlights

  • Rare Inglewood Opportunity
  • Future Rental Upside
  • Ideal Owner/User Opportunity
  • Great Visibility along N La Brea Avenue
  • Walk Score of 92 (Walkers Paradise)
  • Close Proximity to Downtown Inglewood, The Forum, and the Brand New SoFi Stadium

Exclusively Listed By

Listing Price: $1,500,000

Cap Rate
4.29%
Gross SF
3,704
Rentable SF
3,704
Price/Gross SF
$404.97
Lot Size
0.12 acres
Year Built
1930

Investment Highlights

  • Rare Inglewood Opportunity
  • Future Rental Upside
  • Ideal Owner/User Opportunity
  • Great Visibility along N La Brea Avenue
  • Walk Score of 92 (Walkers Paradise)
  • Close Proximity to Downtown Inglewood, The Forum, and the Brand New SoFi Stadium

Investment Overview

Marcus and Millichap is pleased to present 1029 N La Brea Avenue, an approximate 3,704 SF commercial building sitting on a 5,171 SF Lot located in the city of Inglewood. The property provides a great opportunity for an investor to acquire a property with future rental upside. There is also an opening for an owner-user to purchase the property. The property is currently owner occupied and will be delivered vacant; allowing flexibility for a user to occupy the premises after the close of escrow.

The property is located just north of the busy Centinela Ave and N La Brea Ave intersection. North La Brea Avenue is a major North-South thoroughfare, that sees roughly 33,600 vehicles per day. The property also sits about one mile east of the 405 freeway, one and a half miles north of the world-famous Inglewood Forum, and about two miles north of the brand new SoFi Stadium. This section of Inglewood boasts ideal demographics as there are more than 269,000 people living in a 3-mile radius, with an average household income exceeding $86,000 in a 3-mile radius.

Exclusively Listed By

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