213 La Brea AveInglewood, CA 90301

  • Mixed-use properties
  • 7,500 SF
For Sale

Property Details for 213 La Brea Ave

Year built
1955
Construction
TILT-UP CONCRETE
Lot size
0.24 AC
Property size (Sq ft)
7,500 SF
Zone code
INC1D*
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
4021-014-019
APU
4021014019

Description

This exceptional 7,500-square-foot storefront property is ideally situated at 213 S La Brea Ave in Inglewood, California, 90301, within Los Angeles County. The property boasts a prime location at a busy intersection, ensuring high visibility and significant foot traffic for any retail business. Classified as a C-1 zoned property, this single-story building offers ample space for a variety of retail uses. The substantial square footage provides flexibility for diverse layouts and operational needs. A key advantage is the inclusion of dedicated garage space, perfect for loading and unloading merchandise, streamlining operations and enhancing efficiency. This is a rare opportunity to secure a well-positioned retail space in a thriving Inglewood location. A virtual tour is available online to allow for a comprehensive preview of the property's layout and features. This property presents a compelling investment opportunity for businesses seeking a high-impact retail presence in a dynamic market. The address is easily accessible and benefits from excellent visibility due to its placement at a busy intersection. This storefront is ready for immediate occupancy and offers a unique chance to establish or expand a retail operation in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,378,280
    6.5%
    $2,195,335
    7%
    $2,038,526
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,210,610
    Geo Method
    $2,210,610
  • Alternative Use

    Use
    Valuation
    Residential
    $2,195,335
    Hospitality
    $2,010,915
    Educational
    $1,673,058
    Medical
    $1,730,597
    Retail
    $2,602,534
213 La Brea Ave, Inglewood, California

Location Insight

City
Inglewood
County
Los Angeles
State
California
Latitude
33.9614
Longitude
-118.354
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,177
$1,435,752
$624,240
$2,059,992
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FAQs

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