Inglewood Commercial Building on La
For Sale
Contact for pricing
1112 S La Brea Ave, Inglewood, CA 90301
Commercial building with high-volume ceiling, ideal for creative uses.
Property Size8,034 SF
Lot Size0.34 Acres
Price / SF$348.52
Days on Market171
Property Features for 1112 S La Brea Ave
General Information
Standard status
Active
Size
8,034 SF
Class
C
Total Parking Spaces
20
Lot size
0.34 Acres
Property subtype
Retail
Zoning
INCS
Investment Type
Owner/User
Building Details
Year Built
1946
Year Renovated
2013
Tenancy
Multi
Listing Agency:
Capital Bridge Real Estate Advisors - KW Commercial
(310) 300-3180
Listed By:
Elijah Suval · License #02024364
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 12 at 3:29PM
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 Capital Bridge Real Estate Advisors - KW Commercial
Investment Insights
Based on property information with market context.
The commercial building at 1112 S. La Brea Avenue, Inglewood, CA 90301, features approximately 8,000 SF on an estimated 15,000 SF lot. The primary structure has a high-volume bow-truss ceiling and an open-concept floor plan suitable for a creative office, showroom, or retail use. Complementing the main building are four auxiliary units along E. 97th Street, ranging from 230 to 525 SF, offering flexibility for additional rental income or specialized storage. The property is secured by a gated lot accommodating 20 vehicles. The property benefits from INCS (Commercial Service) zoning, incorporating the broad utility of C2 usage. The location is in the heart of Inglewood, between W. Century Boulevard and W. Manchester Boulevard, near Inglewood’s attractions. This corner site is situated just west of the Hollywood Park master plan, which includes SoFi Stadium, YouTube Theater, and the Intuit Dome. The corridor includes the Kali Hotel and hundreds of luxury apartment units. National credit tenants such as Starbucks, CVS, and IHOP are nearby. There are 280,000 residents within a 3-mile radius, and traffic counts exceed 30,000 VPD at the intersection of S. La Brea Avenue and E. Hardy Street.
Key Highlights
- Prime corner lot location in the heart of Inglewood, benefiting from a massive economic resurgence and proximity to SoFi Stadium, YouTube Theater, and the Intuit Dome.
- Flexible INCS (Commercial Service) zoning, incorporating C2 usage, ideal for an owner‑user or investor.
- Main building features a high‑volume bow‑truss ceiling and open‑concept floor plan suitable for creative office, showroom, or retail use.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$203,075
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,061,500
$4.1M
Cap Rate 7%
$2,901,071
$2.9M
Cap Rate 9%
$2,256,389
$2.3M
Market Conditions
NOI Build-Up for 8,034 SF
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.
Gross rent
$296.9K $36.96/SF
− Vacancy
−$6.8K −$0.85/SF
EGI
$290.1K $36.11/SF
− OpEx
−$87.0K −$10.83/SF
NOI
$203.1K $25.28/SF
Area
Inglewood, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,061,500
Cap Rate 7%
$2,901,071
Cap Rate 9%
$2,256,389
Alternative Uses
Best Use
Retail
$2.90M
$2.54M – $3.38M
NOI $203,075 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.28M
$2.87M – $3.82M
NOI $229,451 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,655
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Groceries 33%
Shops & Services 15%
Ralphs
Groceries
39,471 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
22,249 visits/mo
0.4 miles
Starbucks
Dining
19,595 visits/mo
0.4 miles
Jack in the Box
Dining
14,583 visits/mo
0.3 miles
7-Eleven
Shops & Services
10,418 visits/mo
0.4 miles
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Campos Flooring — 10614 S Burl Ave, Inglewood, CA 90304
- Century Tile Co — 10208 Redfern Ave, Inglewood, CA 90304
- Best Tile Grout & Seal Co — Inglewood, CA 90301
Frequently Asked Questions
What type of property is this?
Showroom - Commercial building with high-volume ceiling, ideal for creative uses.
Where is this showroom located?
The property is located at 1112 S La Brea Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime corner lot location in the heart of Inglewood, benefiting from a massive economic resurgence and proximity to SoFi Stadium, YouTube Theater, and the Intuit Dome.; Flexible INCS (Commercial Service) zoning, incorporating C2 usage, ideal for an owner‑user or investor.; Main building features a **high‑volume bow‑truss ceiling and open‑concept floor plan** suitable for creative office, showroom, or retail use.
