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IMPROVED PRICING - RARE W/ AMPLE PARKING 520 S La Brea Ave 6,700 sq ft Retail Property Inglewood, CA 90301 £1,951,715 (£291.30/sq ft)

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INVESTMENT HIGHLIGHTS

  • Central Downtown Inglewood location within walking distance to Sofi & Intuit Stadiums, the Forum and the new Metro Station
  • Property has significant visibility situated on La Brea, one of the City's main high traffic thoroughfares
  • Well parked site with advantages C2 zoning that allows for a wide range of uses

EXECUTIVE SUMMARY

A truly unique piece of real estate, 520 S La Brea Avenue is in close proximity to 3 LA landmarks, the Sofi Stadium, Intuit Dome, and Kia Forum. It offers an investor the opportunity to acquire a prime piece of real estate in one of the most stable submarkets within the San Fernando Valley. Located in the heart of Inglewood, 520 S La Brea Ave is with a short distance to W Manchester Blvd, which continues onto the 405 Freeway, opening areas of Greater LA and into Orange County. This includes areas such as Sylmar, Van Nuys, Santa Monica, LAX, Carson, Rossmoor, Midway City, and Costa Mesa. Moreover, the extensive Metrolink system runs through Inglewood via the K-line and connects to the E-Line (Downtown LA to Santa Monica). 520 S La Brea Ave is also in close proximity to local eateries, venues, entertainment locations, and LAX airport.
Given the property’s outstanding real estate fundamentals, which include a great unit mix and easily accessible location, 520 E La Brea Ave is an ideal investment for owner/users and investors seeking growth, stability, and a hedge against inflation.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
6,700 sq ft
Costar Property Class
C
Year Built
1965
Price
£1,951,715
Price per sq ft
£291.30
Tenancy
Single
Number of Floors
1
Plot ratio
0.43
Total Plot Size
0.36 ac
Use Class
INC2YY - See marketing package for permitted uses
Parking
16 Spaces (2.39 Spaces per 1,000 sq ft Leased)
Frontage
100 ft on S La Brea Ave

AMENITIES

  • Fenced Lot

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 6,700 sq ft
  • Office / Retail
  • -
  • Now

Great unit mix and accessible location. Multiple permitted zoning uses.

Space Size Space Use Position Available
1st Floor 6,700 sq ft Office / Retail - Now

1st Floor

Size
6,700 sq ft
Space Use
Office / Retail
Position
-
Available
Now

1st Floor

Size 6,700 sq ft
Space Use Office / Retail
Position -
Available Now

Great unit mix and accessible location. Multiple permitted zoning uses.

Walk Score®
Excellent pedestrian access (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

CrossFit
Planet Fitness
U.S. Bank
Bank of America
Vons
Sizzler
Starbucks
Superior Grocers
The Camp Transformation Center
Yoshinoya

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4021-020-038
Land Assessment
£1,026,920
Improvements Assessment
£252,449
Total Assessment
£1,279,369
  • Listing ID: 32395199

  • Date on Market: 09/07/2024

  • Last Updated:

  • Address: 520 S La Brea Ave, Inglewood, CA 90301

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