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951 S La Brea Ave 3,379 SF Retail Building Inglewood, CA 90301 $1,500,000 ($443.92/SF)
Executive Summary
2. Owner-User / Value-Add Opportunity | 5,529 Total Usable SF | Flexible C-5 Zoning | Infill Inglewood Corridor. 951 S La Brea Avenue presents a rare opportunity to acquire a versatile commercial/flex building located directly on the high-trafficked South La Brea Avenue corridor. Featuring durable concrete tilt-up and brick masonry construction, the property spans 3,840 SF of ground-floor footprint along with an additional 1,689 SF perimeter loft/mezzanine, delivering a total of 5,529 SF of highly functional interior space.
The interior features an open-span layout accented by exposed bow-truss/wood-rafter ceilings, modern strip LED lighting, clean polished floor finishes, and wraparound perimeter mezzanine walkways. The property includes a full glass storefront facade offering prominent street exposure along La Brea Avenue, as well as a private paved rear yard providing secure parking and loading access via the rear alleyway.
Total Usable Area: 5,529 SF
o Ground Floor Footprint: 3,840 SF
o Mezzanine / Loft Area: 1,689 SF
• Lot Size: 5,662 SF (0.13 Acres)
• Year Built: 1952
• Property Type: Commercial / Retail / Flex Warehouse
• Construction Type: Concrete Tilt-Up / Masonry Brick
• Zoning: INC5YY (Inglewood Heavy Commercial / Regional Business)
• Occupancy: Delivered 100% Vacant at Close of Escrow
Sale Flyer
Property Facts
About Inglewood/South LA Retail
South Los Angeles and Inglewood are undergoing rapid changes and are some of the most dynamic areas of Greater Los Angeles. The neighborhoods are home to some of the largest developments underway on the West Coast. Hollywood Park comprises the SoFi Stadium as well as significant retail, residential, and office components.
There are also plans to build a new 18,000-seat basketball and entertainment center, dubbed Intuit Dome, for the Los Angeles Clippers. The area has seen a notable increase in multifamily development, with several larger projects underway, as the area has become increasingly attractive to renters, many with higher incomes.
The LA Metro recently completed work on the Crenshaw Line, which connects the area with the wider LA Metro rail network. The line connects to the existing Expo and Green lines.
In addition to attracting more affluent residents, the area also provides high population densities. This offers a solid consumer base, which makes the location compelling for retailers of all categories and sizes.
Demographics
Demographics
Nearby Major Retailers
Property Taxes
| Parcel Number | 4024-019-008 | Improvements Assessment | $263,317 |
| Land Assessment | $394,985 | Total Assessment | $658,302 |
Property Taxes
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951 S La Brea Ave