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979 S La Brea Ave 6,943 SF Vacant Retail Building Inglewood, CA 90301 $1,990,000 ($286.62/SF)
Investment Highlights
- Prime Location, less than 3 miles to Sofi stadium, 5 miles to LAX, entire building supported by 4 walls-no posts in the middle of the structure.
- Supplemental Income: The remaining 2,100 SF is currently leased, providing in-place income. (Current lease expires in May 2027).
- Strong Demographics: Over 250,000 residents with a median household income exceeding $90,000 within a three-mile radius.
- Ideal Owner-User Scenario: The owner currently operates a retail floorcovering business out of 4,800 SF. The property can be delivered entirely vacant
- High-Traffic Corridor: Located in the west portion of the Inglewood corridor with daily traUic counts exceeding 40,000+ vehicles/day.
Executive Summary
This exceptional 6,943-square-foot freestanding commercial building rests on an 8,310-square-foot lot in one of Los Angeles's most dynamic corridors. Designed with maximum operational flexibility, this asset provides a rare opportunity for owner-users and investors seeking a strategic foothold in a high-growth market.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$168,000
|
$24.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$168,000
|
$24.20
|
| Taxes |
$6,430
|
$0.93
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,430
|
$0.93
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $168,000 |
| Annual Per SF | $24.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $168,000 |
| Annual Per SF | $24.20 |
| Taxes | |
|---|---|
| Annual | $6,430 |
| Annual Per SF | $0.93 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,430 |
| Annual Per SF | $0.93 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,943 SF
Building Class
C
Year Built
1955
Price
$1,990,000
Price Per SF
$286.62
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.84
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
C5, Inglewood - Commercial
Parking
12 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
72’ on S La Brea Ave
Amenities
- 24 Hour Access
- Fenced Lot
- Mezzanine
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bearing Your Cross
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bearing Your Cross | Services | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4024-019-012 | Total Assessment | $399,742 |
| Land Assessment | $164,598 | Annual Taxes | $6,430 ($0.93/SF) |
| Improvements Assessment | $235,144 | Tax Year | 2025 |
Property Taxes
Parcel Number
4024-019-012
Land Assessment
$164,598
Improvements Assessment
$235,144
Total Assessment
$399,742
Annual Taxes
$6,430 ($0.93/SF)
Tax Year
2025
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979 S La Brea Ave