For Sale
$2,950,000

4700 Imperial HwyInglewood, CA 90304

Liquor Store, House, Parking Income

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Inglewood, California presents a unique investment opportunity. Located at 4700 W Imperial Hwy, 90304, this offering combines a thriving liquor store business with a substantial residential component. The total square footage encompasses 4,558 square feet, strategically divided to maximize income streams. The retail space, ideal for continued liquor store operations, offers significant potential for growth within a busy commercial area. The attached residential unit, boasting 1,758 square feet, features two bedrooms and one bathroom, providing additional rental income or owner-occupancy flexibility. Further enhancing the investment potential is the inclusion of a parking lot, generating supplemental revenue through rental agreements. The property is offered at $2,950,000, representing a price per square foot of $647.21. The current net operating income (NOI) stands at $20,000, yielding a 0.68% capitalization rate. This presents a compelling opportunity for both seasoned investors and owner-operators seeking a diversified income stream in a prime Los Angeles County location. The property's strong existing business, combined with the residential and parking income, offers a robust and resilient investment profile. This is a rare chance to acquire a turnkey operation with significant upside potential.

Highlights

  • Mixed-use property in Inglewood, CA (4700 W Imperial Hwy, 90304) totaling 4,558 sq ft.
  • Includes a thriving liquor store and a 1,758 sq ft, 2 bed/1 bath residential unit.
  • Features a parking lot generating additional rental income.
  • Offered at $2,950,000 ($647.21/sq ft) with a current NOI of $20,000 and a 0.68% cap rate.

Property Details for 4700 Imperial Hwy

Property type
Mixed-use properties, Individual retail properties
Square Feet
4,558 SF

Location Insight

City
Inglewood
County
Los Angeles
State
California
Latitude
33.9306951
Longitude
-118.3593599
4700 Imperial Hwy, Inglewood, California

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4700 Imperial Hwy
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