Inglewood Investment Opportunity Near
For Sale
$2,599,000
400 S La Brea, Inglewood, CA 90301
High-visibility property near SoFi Stadium, Intuit Dome, and Hollywood Park.
Property Size8,550 SF
Lot Size0.26 Acres
Days on Market157
Property Features for 400 S La Brea
General Information
Standard status
Active
Size
8,550 SF
Lot size
0.26 Acres
Property subtype
Commercial
Building Details
Building Size
8,550 SF
Year Built
1963
Listing Agency:
MRG REALTY
(626) 608-6322
Listed By:
William Sou · License #02216508
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 4:50AM
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 MRG REALTY
Investment Insights
Based on property information with market context.
This property is located in a high-demand area of Inglewood, situated minutes from SoFi Stadium, Intuit Dome, and Hollywood Park. The location benefits from heavy foot and vehicle traffic. The property is surrounded by new commercial and residential projects. It is positioned to benefit from Inglewood’s ongoing transformation and economic growth. The property is suitable for retail, office, or mixed-use redevelopment.
Key Highlights
- Prime location near SoFi Stadium, Intuit Dome, and Hollywood Park
- High‑visibility street with heavy foot and vehicle traffic
- Surrounded by new commercial and residential projects
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
$216,118
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
8.32%
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%
$4,322,360
$4.3M
Cap Rate 7%
$3,087,400
$3.1M
Cap Rate 9%
$2,401,311
$2.4M
Market Conditions
NOI Build-Up for 8,550 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
$316.0K $36.96/SF
− Vacancy
−$7.3K −$0.85/SF
EGI
$308.7K $36.11/SF
− OpEx
−$92.6K −$10.83/SF
NOI
$216.1K $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%
$4,322,360
Cap Rate 7%
$3,087,400
Cap Rate 9%
$2,401,311
Alternative Uses
Best Use
Retail
$3.09M
$2.70M – $3.60M
NOI $216,118 @ 7.0% cap · market cap 8.32%
Second Best
Office B
$2.62M
$2.29M – $3.05M
NOI $183,141 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$3.49M
$3.05M – $4.07M
NOI $244,188 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
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 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?
Commercial land - High-visibility property near SoFi Stadium, Intuit Dome, and Hollywood Park.
Where is this commercial land located?
The property is located at 400 S La Brea Inglewood, CA.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Prime location near SoFi Stadium, Intuit Dome, and Hollywood Park; High‑visibility street with heavy foot and vehicle traffic; Surrounded by new commercial and residential projects
