Retail Property For Sale
Price $2,200,000 No. Stories 2
Property Type Retail Year Built 1950
Property Sub-type Storefront Retail/Office Parking Ratio 0.72/1,000 SF
Building Class C Zoning Description INC1*
Sale Type Investment or Owner User APN / Parcel ID 4021-014-012 More…
Lot Size 0.26 AC Walk Score ® 90 (Walker’s Paradise)
Gross Leasable Area 9,790 SF Transit Score ® 54 (Good Transit)
***This sale is for 2 separate parcels*** This property is ideal for an Owner User, Redevelopment or Value Add Investment. The potential Investor or Owner User will enjoy the benefits of the dramatically increased rent potential. The New Downtown Inglewood is creating a pedestrian friendly, mixed-use Historic Downtown comprised of new centers in the immediate station area. Creating a re-energized Historic Core. The Historic Core provides for a mix of uses, including ground-floor retail, restaurants, services, offices and residential uses. The Historic Downtown will be in a pattern and size consistent with the existing historic urban fabric. This property is blocks from The Forum. Less than 2 miles from the new Hollywood Forever Park.
Currently all units are rented substantially below market rents. Tenants have been here for many years. Great upside in rents or ideal for an Owner/User. Owner can use Office upstairs or retail downstairs making this ideal for a SBA Financing.
The City’s reputation and its accessibility to major freeways and Los Angeles International Airport made it an attractive business investment and an ideal