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431 E Hillcrest Blvd 1,600 SF Office Building Inglewood, CA 90301 $1,100,000 ($687.50/SF) 6.42% Cap Rate



Investment Highlights
- McCormick Ambulance Portfolio | Combined Cap Rate of 6.54%
- Can Be Sold as a Package or Individually
- Prime Inglewood Locations | Near InTuit Dome, SoFi Stadium, the Forum, and Hollywood Park Casino
- Long Historical Occupancy of Nearly 20 Years | CUP for Both Properties Making Relocation Impractical
- Perfect Investor or 1031 Exchange Opportunity | NNN Leases
Executive Summary
The Property:
Elijah Suval of Capital Bridge Real Estate Advisors and Daniel Hirth of The Hirth Group have been exclusively selected to market for sale 431 E Hillcrest Boulevard, a freestanding office property used by McCormick Ambulance for office operations, employee accommodations, and ambulance parking, with approximately 10 on-site parking spaces.
The property is occupied by McCormick Ambulance Company, a Southern California institution with roots dating to 1962 in the South Bay, distinguished as the first organization in California to deploy certified paramedics and a key contributor to the founding of Los Angeles County’s original mobile cardiac care (“heart car”) program. McCormick remains one of the region’s major private EMS providers and has occupied the site for just under 20 years under a specialized Conditional Use Permit (CUP).
Location:
431 E Hillcrest Boulevard, Inglewood, CA is strategically located in one of Los Angeles’ most growth-oriented submarkets. Inglewood has undergone a remarkable transformation into a major sports, entertainment, and development hub, driven by billions of dollars in public and private investment. The city is home to SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park Casino, and the broader nearly 300-acre Hollywood Park development, which is includes approximately 2,500 residences alongside extensive retail, office, hospitality, entertainment, and public open space. New multifamily development is also reshaping the surrounding community, with new apartment projects underway throughout Inglewood, including projects along the Florence Avenue and La Brea Avenue corridors and additional residential development within Hollywood Park.
The continued expansion of Hollywood Park, new hotel development, ongoing retail openings, and investment in the revitalization of Downtown Inglewood and Market Street further reinforce the city’s long-term growth trajectory. With Inglewood positioned on the global stage for major events including the 2027 Super Bowl and the 2028 Olympic Games, the properties offer investors an opportunity to acquire real estate in a city experiencing significant investment, development, and international exposure.
Elijah Suval of Capital Bridge Real Estate Advisors and Daniel Hirth of The Hirth Group have been exclusively selected to market for sale 431 E Hillcrest Boulevard, a freestanding office property used by McCormick Ambulance for office operations, employee accommodations, and ambulance parking, with approximately 10 on-site parking spaces.
The property is occupied by McCormick Ambulance Company, a Southern California institution with roots dating to 1962 in the South Bay, distinguished as the first organization in California to deploy certified paramedics and a key contributor to the founding of Los Angeles County’s original mobile cardiac care (“heart car”) program. McCormick remains one of the region’s major private EMS providers and has occupied the site for just under 20 years under a specialized Conditional Use Permit (CUP).
Location:
431 E Hillcrest Boulevard, Inglewood, CA is strategically located in one of Los Angeles’ most growth-oriented submarkets. Inglewood has undergone a remarkable transformation into a major sports, entertainment, and development hub, driven by billions of dollars in public and private investment. The city is home to SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park Casino, and the broader nearly 300-acre Hollywood Park development, which is includes approximately 2,500 residences alongside extensive retail, office, hospitality, entertainment, and public open space. New multifamily development is also reshaping the surrounding community, with new apartment projects underway throughout Inglewood, including projects along the Florence Avenue and La Brea Avenue corridors and additional residential development within Hollywood Park.
The continued expansion of Hollywood Park, new hotel development, ongoing retail openings, and investment in the revitalization of Downtown Inglewood and Market Street further reinforce the city’s long-term growth trajectory. With Inglewood positioned on the global stage for major events including the 2027 Super Bowl and the 2028 Olympic Games, the properties offer investors an opportunity to acquire real estate in a city experiencing significant investment, development, and international exposure.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
1,600 SF
Building Class
C
Year Built
1959
Price
$1,100,000
Price Per SF
$687.50
Cap Rate
6.42%
NOI
$70,620
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,600 SF
Building FAR
0.25
Lot Size
0.15 AC
Zoning
C1*, Inglewood
Parking
10 Spaces (6.25 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4021-012-010 | Improvements Assessment | $249,560 |
| Land Assessment | $505,697 | Total Assessment | $755,257 |
Property Taxes
Parcel Number
4021-012-010
Land Assessment
$505,697
Improvements Assessment
$249,560
Total Assessment
$755,257
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