Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    111 North La Brea Ave Inglewood, CA 90301

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space near Metro station and Inglewood Civic Center.

    Property size:
    90,000 SF
    Lot size:
    90,000 SF

    Property Features for 111 North La Brea Ave

    General Information

    Standard status
    Active
    Size
    90,000 SF

    We can help!

    Listing Contact
    Jamie K. Brooks
    Source: Cbre

    Listing Agent: Jamie K. Brooks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Inglewood Revitalization Opportunity

    La Brea Crossing is positioned to play a key role in revitalizing Downtown Inglewood. The property is located in close proximity to the Crenshaw/LAX Light Rail Metro Station at Florence & La Brea and the adjacent Inglewood Civic Center. It is also near the Market Gateway development, a privately funded 243-unit market-rate mixed-use housing site consisting of approximately 55,000 square feet of retail. The property size is 90,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walsh Shea Corridor ... Construction Company ADVANCE TAX RELIEF ... Tax Preparation Faststream Technologies (Bike/Boat/Book/etc) Store Mahogany Rhodes, Luxury ... Real Estate Agency Dupee Suzanne M ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.353755
    Latitude
    33.9638264

    Nearby Similar for Lease

    • Contact for pricing
      4,468 SF

      Inglewood Retail and Office Spaces

      Retail and office spaces for lease in Inglewood, CA.
      11030 S Inglewood Ave, Inglewood, CA 90304
      View Details
    • $500 /Mo
      240 SF

      Inglewood Office Space For Lease

      Upstairs office space in Inglewood, includes all utilities.
      303 W Manchester Blvd, Inglewood, CA 90301
      View Details
    • $2,397 /Mo

      Inglewood Retail Storefront For Rent

      Retail storefront with high visibility and foot traffic available for rent.
      1123 N La Brea Ave, Inglewood, CA 90302
      View Details
    • $500 /Mo
      260 SF

      Inglewood Office Space For Lease

      Upstairs office space with utilities included and shared bathrooms.
      303 W Manchester Blvd, Inglewood, CA 90301
      View Details
    • $1.75 SF/Yr

      Industrial Space Near LAX Airport

      Industrial property with offices, high ceilings, and convenient freeway access.
      303 N Oak St, Inglewood, CA 90302
      View Details
    • $1.75 SF/Yr
      4,200 SF

      Retail Space with Open Layout

      Spacious retail property featuring open layout and brick walls.
      316-320 S La Brea Ave, Inglewood, CA 90301
      View Details
    • Contact for pricing

      Stand-Alone Medical Office Space

      Highly functional medical office space in a prime North Inglewood location.
      107 W Fairview Blvd, Inglewood, CA 90302
      View Details
    • $10,800 /Mo

      Spanish-Style Medical Building for Lease

      Two-story, 39,966 sq ft medical building near SoFi Stadium.
      447 N Prairie Ave, Inglewood, CA 90301
      View Details
    • Contact for pricing

      Art Deco Building in Inglewood

      Landmark building with open space and high traffic volume.
      320 S La Brea Ave, Inglewood, CA 90301
      View Details
    • $3 SF/Yr

      Inglewood Freestanding Building For Lease

      Freestanding building with high visibility near SoFi Stadium.
      4072 W Century Blvd, Inglewood, CA 90304
      View Details
    • $1.95 SF/Yr
      1,400 SF

      Remodeled Office Space For Lease

      Remodeled office space with elevator access and janitorial service.
      8901 S La Cienega Blvd, Inglewood, CA 90301
      View Details
    • $1.75 SF/Yr
      10,445 SF

      Inglewood Warehouse with Corporate Offices

      Warehouse with corporate offices, easy access to freeways and LAX.
      301-303 N Oak St, Inglewood, CA 90302
      View Details

    FAQs

    What type of property is this?
    Office building - Office space near Metro station and Inglewood Civic Center.
    Where is this office building located?
    The property is located at 111 North La Brea Ave Inglewood, CA.
    What are key features of this property?
    This property features: - Close proximity to the Crenshaw/LAX Light Rail Metro Station.; - Positioned to play a key role in revitalizing Downtown Inglewood.; - Adjacent to the Inglewood Civic Center.
    (310) 363-4881
    Request Owner's contact information
    111 North La Brea Ave Inglewood, CA 90301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 North La Brea Ave
    Inglewood, CA 90301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 North La Brea Ave Inglewood, CA 90301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jamie K. Brooks
    Real Estate License ID: 1434718
    (310) 363-4881
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!