Mixed-Use Property with Loading
For Sale
Contact for pricing
1115 E Redondo Blvd, Inglewood, CA 90302
Mixed-use property featuring loading docks, offices, and neighborhood traffic.
Property Size3,104 SF
Price / SF$417.20
Days on Market746
Property Features for 1115 E Redondo Blvd
General Information
Standard status
Active
Size
3,104 SF
Property subtype
Hospitality, Industrial, Office, Retail, Self Storage
Building Details
Year Built
1948
Listing Agency:
THE CORRALES GROUP
Listed By:
John Corrales · License #01263687
(310) 546-7611
Source:
Crexi
Added: Sep 26, 2024
Changed: Oct 7
Last Checked: Oct 9 at 6:27PM
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 THE CORRALES GROUP
Investment Insights
Based on property information with market context.
This mixed-use property features a loft area with an artistic coved and beam ceiling, along with three offices and three bathrooms. The property includes four loading docks/garages and a large steel security gate at the rear. It is located 2.1 miles from SoFi Stadium and benefits from substantial neighborhood traffic. Situated a block away from a large, newer apartment complex and near security patrol across the street at the Fairfield Heights station, the property offers an incredible space suitable for various commercial uses.
Key Highlights
- Four loading dock/garages offer significant utility.
- Proximity to SoFi Stadium (2.1 miles).
- Three offices and three bathrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,460
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,569,200
$1.6M
Cap Rate 7%
$1,120,857
$1.1M
Cap Rate 9%
$871,778
$871.8K
Market Conditions
NOI Build-Up for 3,104 SF
Gross rent
$114.7K $36.96/SF
− Vacancy
−$2.6K −$0.85/SF
EGI
$112.1K $36.11/SF
− OpEx
−$33.6K −$10.83/SF
NOI
$78.5K $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 Rate 5%
$1,569,200
Cap Rate 7%
$1,120,857
Cap Rate 9%
$871,778
Alternative Uses
Best Use
Retail
$1.12M
$980.8K – $1.31M
NOI $78,460 @ 7.0% cap · market cap 6.06%
Second Best
Office B
$949.8K
$831.1K – $1.11M
NOI $66,488 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,650 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
Explore this area
Business Placement
Demographics for 90302, CA
29,264
Population
11,366
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
15,402
Density / Sq Mi
$72,461
Median Household Income
$37,675
Median Earnings
$1,784
Median Rent
$731,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring loading docks, offices, and neighborhood traffic.
Where is this mixed-use property located?
The property is located at 1115 E Redondo Blvd Inglewood, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Four loading dock/garages offer significant utility.; Proximity to SoFi Stadium (2.1 miles).; Three offices and three bathrooms.
