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

    1123 N La Brea Ave Inglewood, CA 90302

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,397 /Mo

    Retail storefront with high visibility and foot traffic available for rent.

    Lot size:
    0.09 Acres

    Property Features for 1123 N La Brea Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.09 Acres

    Building Details

    Year built
    1947

    We can help!

    Listing Contact
    Dylan Gallagher
    Source: Elliman

    Listing Agent: Dylan Gallagher

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

    Learn more

    Overview

    Inglewood Retail Storefront For Rent

    This 1,080 square foot storefront retail unit is available for rent and offers excellent visibility on a highly traveled street. The property benefits from significant foot traffic. Features include a storefront window display, a bathroom, and rear parking. The location provides close access to the 405 freeway and is near El Segundo, Culver City, and Marina Del Rey.
    Location Intelligence

    Current Use by Public Records

    Karaoke Bar & Pub

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    Design By Jasmine Florist Delivery Inglewood, Flower Delivery Inglewood, Rosa’s Flower Designs, Forever Flowers, Flower And Inglewood

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3577508
    Latitude
    33.9778842

    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
    • $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
    • $2,397 /Mo
      2,160 SF

      Inglewood Retail Storefront For Lease

      1080 SF retail unit with high visibility and foot traffic.
      1123 N La Brea Ave, Inglewood, CA 90302
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail storefront with high visibility and foot traffic available for rent.
    Where is this storefront property located?
    The property is located at 1123 N La Brea Ave Inglewood, CA.
    What is the lease rate?
    The lease rate is $2,397 /Mo.
    What are key features of this property?
    This property features: - High visibility on heavily trafficked Inglewood street.; - 1080 SF storefront retail unit.; - Excellent foot traffic.
    (424) 732-2821
    Request Owner's contact information
    1123 N La Brea Ave Inglewood, CA 90302
    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.
    1123 N La Brea Ave
    Inglewood, CA 90302
    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
    1123 N La Brea Ave Inglewood, CA 90302
    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
    Dylan Gallagher
    Real Estate License ID: 02036528
    (424) 732-2821 (424) 732-3934
    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!