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$ 1,990,000
Est. payment /mo
New
979 S La Brea AVE Inglewood, CA 90301
8,485 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26193749
HOA Y/N No
Year Built 1955
Lot Size 8,485 Sqft
Property Sub-Type Retail
Property Description
FREESTANDING FLEX/INDUSTRIAL PROPERTY – INVESTMENT OR OWNER-USER OPPORTUNITY
Excellent acquisition opportunity for a freestanding Class C commercial building in Inglewood, offering exceptional flexibility for an investor or owner-user. The property is currently configured as two units, with one unit generating rental income and the other available for owner use, providing an opportunity for an owner-user to offset occupancy costs with rental income.
The approximately 5,430 SF main floor is complemented by an additional 1,513 SF mezzanine, offering valuable additional space. With an approximately 18-foot clear ceiling height and a column-free interior, the building provides excellent functionality for a variety of uses, including showroom, warehouse, office, distribution, or flex space. Approx. 2000 sq ft is leased out for $2865 per month. Lease expires April 30, 2027. additionally per the appraisal report, the mezzanine is 1254 sq ft. Total is 5688 + 1254 = 8310 sq ft. Same report says 9 parking spaces at the rear.
The property also features alley access and a convenient rear loading/delivery entrance, allowing for efficient vehicle movement and easy loading and unloading of goods. The open, column-free layout allows forklifts to maneuver throughout the space with ease. Good signage on the property.
Additional highlights include:
Freestanding Class C commercial building
Approximately 5,430 SF main floor
Approximately 1,513 SF mezzanine
Approximately 18-foot clear ceiling height
Column-free interior for maximum flexibility
Currently configured as two units
One unit currently generating rental income
Second unit available for owner-user occupancy
1.731 parking spaces per 1,000 SF
C5 zoning, Inglewood
Alley access with convenient rear vehicle access
Rear delivery/loading access
Excellent forklift maneuverability
Suitable for showroom, warehouse, office, distribution, or flex use
Convenient access to the 405 and 105 freeways
Walking Score of 88 – Very Walkable
An attractive opportunity for an investor seeking multi-tenant potential and income, or an owner-user looking for a versatile commercial property with excellent access, loading capabilities, and flexible space.
Excellent acquisition opportunity for a freestanding Class C commercial building in Inglewood, offering exceptional flexibility for an investor or owner-user. The property is currently configured as two units, with one unit generating rental income and the other available for owner use, providing an opportunity for an owner-user to offset occupancy costs with rental income.
The approximately 5,430 SF main floor is complemented by an additional 1,513 SF mezzanine, offering valuable additional space. With an approximately 18-foot clear ceiling height and a column-free interior, the building provides excellent functionality for a variety of uses, including showroom, warehouse, office, distribution, or flex space. Approx. 2000 sq ft is leased out for $2865 per month. Lease expires April 30, 2027. additionally per the appraisal report, the mezzanine is 1254 sq ft. Total is 5688 + 1254 = 8310 sq ft. Same report says 9 parking spaces at the rear.
The property also features alley access and a convenient rear loading/delivery entrance, allowing for efficient vehicle movement and easy loading and unloading of goods. The open, column-free layout allows forklifts to maneuver throughout the space with ease. Good signage on the property.
Additional highlights include:
Freestanding Class C commercial building
Approximately 5,430 SF main floor
Approximately 1,513 SF mezzanine
Approximately 18-foot clear ceiling height
Column-free interior for maximum flexibility
Currently configured as two units
One unit currently generating rental income
Second unit available for owner-user occupancy
1.731 parking spaces per 1,000 SF
C5 zoning, Inglewood
Alley access with convenient rear vehicle access
Rear delivery/loading access
Excellent forklift maneuverability
Suitable for showroom, warehouse, office, distribution, or flex use
Convenient access to the 405 and 105 freeways
Walking Score of 88 – Very Walkable
An attractive opportunity for an investor seeking multi-tenant potential and income, or an owner-user looking for a versatile commercial property with excellent access, loading capabilities, and flexible space.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning C5-Inglewood
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 4024019012
Special Listing Condition Standard

Listed by Odette Peters Coldwell Banker Hallmark 818-281-6039, DRE #00879273





