Mixed-Use Retail and
11116 S Prairie Inglewood, CA 90303
11116 S Prairie, Inglewood, CA, 90303
$1,200,000
For Sale
$1,200,000
Two street-facing retail units sit in front of four residential units in a property built in 1922.
Property Size2,880 SF
Price / SF$416.67
Days on Market10
Property Features for 11116 S Prairie
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1922
Listing agency
RE/MAX 2000 REALTY
(626) 964-8999
Listed by
Jorge Marquez · License #2083204
Source
Xome
Added: Jul 13 Updated: Jul 21 at 11:02PM Checked: Jul 21 at 11:02PM
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 RE/MAX 2000 REALTY
Investment Insights
Based on property information with market context.
This mixed-use property features two street-facing commercial retail units with existing operations, including a bakery and a party supply shop. Behind the retail storefronts, there are four residential units, creating a combined retail-and-housing layout. The building was constructed in 1922.
Located on the South Prairie Avenue corridor in Inglewood, the property is described as being near major destinations including SoFi Stadium, Intuit Dome, Hollywood Park, and the Metro K Line.
Showings are by appointment with an accepted offer or pre-qualification only, and tenants should not be disturbed. All information is deemed reliable but not guaranteed, and buyers are advised to verify uses, permits, and zoning.
Located on the South Prairie Avenue corridor in Inglewood, the property is described as being near major destinations including SoFi Stadium, Intuit Dome, Hollywood Park, and the Metro K Line.
Showings are by appointment with an accepted offer or pre-qualification only, and tenants should not be disturbed. All information is deemed reliable but not guaranteed, and buyers are advised to verify uses, permits, and zoning.
Key Highlights
- Two street‑facing commercial retail units in front of four residential units in a mixed‑use property
- Built in 1922
- Retail units are currently operating as a bakery and a party supply shop
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.4k | $36.96 |
| − Vacancy | −$2.4k | −$0.85 |
| EGI | $104.0k | $36.11 |
| − OpEx | −$31.2k | −$10.83 |
| NOI | $72.8k | $25.28 |
2,880 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.04M
$910.0K – $1.21M
NOI $72,798 @ 7.0% cap · market cap 6.07%
Second Best
Mixed Use
$709.7K
$621.0K – $828.0K
NOI $49,680 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,253 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A&S Party Supplies
Event Planning
Lety's Joy
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two street-facing retail units sit in front of four residential units in a property built in 1922.
Where is this quadplex located?
The property is located at 11116 S Prairie Inglewood, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two street‑facing commercial retail units in front of four residential units in a mixed‑use property; Built in 1922; Retail units are currently operating as a bakery and a party supply shop
