Freestanding Masonry
For Sale
$1,550,000
Pending
10920 S La Cienega Boulevard, Inglewood, CA 90304
Vacant small-bay industrial property with office space, storage structures, a secured yard, and parking.
Property Size3,065 SF
Lot Size0.28 Acres
Days on Market54
Property Features for 10920 S La Cienega Boulevard
General Information
Standard status
Pending
Size
3,065 SF
Lot size
0.28 Acres
Property subtype
COMMERCIAL
Additional Details
Office Build-Out
930 SF
Building Details
Building Size
3,065 SF
Year Built
1966
Construction
masonry
Listing Agency:
Keller Williams Studio City
Listed By:
David Weinberger · License #01349349
(818) 970-0915
Source:
Truthrealty
Added: Sep 9
Changed: Oct 31
Last Checked: Oct 31 at 12:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Studio City
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Investment Insights
Based on property information with market context.
This freestanding masonry warehouse offers approximately 3,065 square feet across a 2,455-square-foot main building and additional on-site storage structures. The primary building includes 930 square feet of office space, while the property is delivered vacant for immediate occupancy. Site improvements include a secured yard and parking on a 12,060-square-foot lot.
Located near LAX at 10920 S La Cienega Boulevard in Inglewood, the property provides a compact industrial format with dedicated outdoor storage and office components. Built in 1966, it combines a small-bay warehouse configuration with a substantial land component, reflected in its 3.9:1 land-to-building ratio.
Located near LAX at 10920 S La Cienega Boulevard in Inglewood, the property provides a compact industrial format with dedicated outdoor storage and office components. Built in 1966, it combines a small-bay warehouse configuration with a substantial land component, reflected in its 3.9:1 land-to-building ratio.
Key Highlights
- Approximately 3,065 SF of total warehouse and storage improvements
- 2,455 SF main building with 930 SF of office space
- 12,060 SF lot with a 3.9:1 land‑to‑building ratio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,234
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,680
$924.7K
Cap Rate 7%
$660,486
$660.5K
Cap Rate 9%
$513,711
$513.7K
Market Conditions
NOI Build-Up for 3,065 SF
Gross rent
$58.1K $18.96/SF
− Vacancy
−$3.7K −$1.21/SF
EGI
$54.4K $17.75/SF
− OpEx
−$8.2K −$2.66/SF
NOI
$46.2K $15.08/SF
Area
Inglewood, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,680
Cap Rate 7%
$660,486
Cap Rate 9%
$513,711
Alternative Uses
Best Use
Warehouse
$660.5K
$577.9K – $770.6K
NOI $46,234 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,536 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90304, CA
26,058
Population
7,673
Households
3.4
Avg Household Size
33
Median Age
14%
College-Educated
56%
High-School Grad
1.6 sq mi
ZIP Area
16,286
Density / Sq Mi
$63,317
Median Household Income
$31,385
Median Earnings
$1,499
Median Rent
$696,200
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Self Storage — 11855 Hawthorne Blvd, Hawthorne, CA 90250, United States
- Near-By Storage Units — 11855 Hawthorne Blvd, Hawthorne, CA 90250
- Public Storage — 11102 S La Cienega Blvd, Lennox, CA 90304
- A-1 Cold Storage — 5510 W 102nd St #5598, Los Angeles, CA 90045
- All day courier — 5757 W Century Blvd Suite 535, Los Angeles, CA 90045
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant small-bay industrial property with office space, storage structures, a secured yard, and parking.
Where is this warehouse located?
The property is located at 10920 S La Cienega Boulevard Inglewood, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Approximately 3,065 SF of total warehouse and storage improvements; 2,455 SF main building with 930 SF of office space; 12,060 SF lot with a 3.9:1 land‑to‑building ratio
