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$ 4,250,000
Est. payment | /mo
0.51 Acres Lot
$ 4,250,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24086003
HOA Y/N No
Year Built 1958
Lot Size 0.511 Acres
Property Description
Commercial/Retail Space Zoned MU-2A for sale on an appx. 22,240 SF corner lot in Inglewood. The property is appx. 12,400 SF. There is currently a NNN lease in place with State Van Rental that has (3.5) years remaining at $14,688K/Mo w/ 2.5% annual increases. The lease rate for this is $1.15/SF and the market rent is $1.75/SF - making this a 6.1% Market CAP. Easy Access to LAX and the 405.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 24
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 4127027018
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Woody Stahl • Lyon Stahl Investment Real Est • woody@lyonstahl.com
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Kris Rainwaters
REALTOR® | Lic# 02111780