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Office

1400 Centinela Ave

1400 Centinela Ave, Inglewood, CA 90302

Listing Price: $3,200,000

Cap Rate
0.74%
Gross SF
8,804
Rentable SF
8,804
Price/Gross SF
$363.47
Lot Size
0.25 acres
Year Built
1962

Investment Overview

Marcus & Millichap is pleased to present 1400 Centinela Ave, an approximate 8,805 SF two story mixed-use commercial building sitting on a 11,006 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. The first floor (4,220 SF) is occupied by a liquor store with a lease until June 2022. A portion of the ground floor, 235 SF, is subleased to a small office user. The second floor is office space consisting of ten suites, common area hallway and a shared bathroom. One suite is occupied on a month-to-month lease.

There is also an opening for an owner-user to purchase the property with attractive SBA financing. This opportunity provides flexibility with multiple scenarios. A user can either occupy the ground floor retail and lease the second-floor office or a user can occupy the second-floor office and lease the ground floor retail. There are 14 stripped parking spaces in the rear of the property.

The property is sandwiched between La Cienega Blvd and N La Brea Ave. Centinela Avenue is a major West-East thoroughfare, that sees roughly 32,000 vehicles per day. The property also sits less than one mile east of the 405 freeway, two miles north of the world-famous Inglewood Forum and the brand new SoFi Stadium. The property is also walking distance from the Ralphs/CVS anchored Ladera Center and the newly developed Amazon Fresh on La Cienega Blvd. This section of Inglewood boasts ideal demographics as there are more than 848,195 people living in a 5-mile radius, with an average household income exceeding $91,236 in a 5-mile radius.

Investment Highlights

  • Rare Inglewood Opportunity
  • Future Rental Upside
  • Ideal Owner/User Opportunity
  • Great Visibility along Centinela Ave
  • Walk Score of 89 (Very Walkable)
  • Close Proximity to Downtown Inglewood, The Forum, SoFi Stadium

Exclusively Listed By

Financing By

Listing Price: $3,200,000

Cap Rate
0.74%
Gross SF
8,804
Rentable SF
8,804
Price/Gross SF
$363.47
Lot Size
0.25 acres
Year Built
1962

Investment Highlights

  • Rare Inglewood Opportunity
  • Future Rental Upside
  • Ideal Owner/User Opportunity
  • Great Visibility along Centinela Ave
  • Walk Score of 89 (Very Walkable)
  • Close Proximity to Downtown Inglewood, The Forum, SoFi Stadium

Investment Overview

Marcus & Millichap is pleased to present 1400 Centinela Ave, an approximate 8,805 SF two story mixed-use commercial building sitting on a 11,006 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. The first floor (4,220 SF) is occupied by a liquor store with a lease until June 2022. A portion of the ground floor, 235 SF, is subleased to a small office user. The second floor is office space consisting of ten suites, common area hallway and a shared bathroom. One suite is occupied on a month-to-month lease.

There is also an opening for an owner-user to purchase the property with attractive SBA financing. This opportunity provides flexibility with multiple scenarios. A user can either occupy the ground floor retail and lease the second-floor office or a user can occupy the second-floor office and lease the ground floor retail. There are 14 stripped parking spaces in the rear of the property.

The property is sandwiched between La Cienega Blvd and N La Brea Ave. Centinela Avenue is a major West-East thoroughfare, that sees roughly 32,000 vehicles per day. The property also sits less than one mile east of the 405 freeway, two miles north of the world-famous Inglewood Forum and the brand new SoFi Stadium. The property is also walking distance from the Ralphs/CVS anchored Ladera Center and the newly developed Amazon Fresh on La Cienega Blvd. This section of Inglewood boasts ideal demographics as there are more than 848,195 people living in a 5-mile radius, with an average household income exceeding $91,236 in a 5-mile radius.

Exclusively Listed By

Financing By

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