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1117 E Redondo Blvd 3,104 SF Retail Building Inglewood, CA 90302 $1,295,000 ($417.20/SF) 5.82% Cap Rate
INVESTMENT HIGHLIGHTS
- Options for retail, warehouse, industrial, auto, or flex space.
- Architectural building with store front curb appeal that opens to a grand and open floor plan with loft and office space.
- High coved beam ceiling with skylights and garage entry through the front and security gate entrance at the rear.
EXECUTIVE SUMMARY
Rough and ready + 4 loading dock/garages plus a large steel security gate at the rear of the property. Features a loft area with an artistic coved and beam ceiling. 3 offices and 3 bathrooms. Zoned as MU-3 so it can be used for both residential and commercial purposes (buyer to verify). Great potential for neighborhood retail or warehouse or technology office or architecture firm or athletic facility or much more. 2.1 miles from SoFi Stadium. Incredible space with plenty of neighborhood traffic. A block away from a large newer apartment complex and noticeable security patrol across the street at the Fairfield Heights station.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,104 SF
Building Class
C
Year Built
1948
Price
$1,295,000
Price Per SF
$417.20
Cap Rate
5.82%
NOI
$75,330
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.14 AC
Zoning
INC3YY - See New Downtown Inglewood and Fairview Heights Transit Oriented Development Plan for more details.
Frontage
45’ on 1117 E Redondo Blvd
AMENITIES
- Metro/Subway
- Skylights
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4013-007-025 | Improvements Assessment | $164,045 |
| Land Assessment | $820,233 | Total Assessment | $984,278 |
PROPERTY TAXES
Parcel Number
4013-007-025
Land Assessment
$820,233
Improvements Assessment
$164,045
Total Assessment
$984,278
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1117 E Redondo Blvd
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