11124 Prairie AveInglewood, CA 90303

Property Details for 11124 Prairie Ave

Year built

1949

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

4,089 SF

Zone code

INC2YY

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

4033-016-015

APU

4033016015

Description

This exceptional retail space, located at 11124 Prairie Ave in Inglewood, California, presents a fantastic opportunity for businesses seeking high visibility and foot traffic. Situated in Los Angeles County, zip code 90303, this multi-tenant property boasts a highly desirable corner location, ensuring maximum exposure to potential customers. The unit is conveniently located near the Intuit Dome and SoFi Stadium, two major attractions generating significant pedestrian and vehicular traffic. Its proximity to the 105 Freeway provides easy access for customers and employees alike. The space is currently available for lease and is in excellent condition, ready for immediate occupancy. The monthly rent of $1580 includes all Net, Net, Net (NNN) charges, making budgeting simple and predictable. This turnkey retail space offers a unique chance to establish or expand your business in a thriving, high-traffic area of Inglewood. The property's strategic location, combined with its attractive rental terms, makes it an ideal investment for discerning entrepreneurs. Don't miss this opportunity to secure a prime retail location in one of Southern California's most dynamic and rapidly growing markets.

• CAP approach

  CAP return

  Valuation

  6%

  $944,681

  6.5%

  $872,013

  7%

  $809,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $777,564

  Geo Method

  $777,564

• Alternative Use

  Use

  Valuation

  Residential

  $1,081,296

  Hospitality

  $990,461

  Educational

  $824,052

  Medical

  $852,393

  Retail

  $1,281,859

Location Insight

City

Inglewood

County

Los Angeles

State

California

Latitude

33.934

Longitude

-118.344

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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