Corner Retail Strip
For Sale
Contact for pricing
2101 W Century Blvd, Los Angeles, CA 90047
L-shaped corner strip center for sale, positioned near major Inglewood entertainment venues.
Property Size4,704 SF
Price / SF$530.40
Days on Market50
Property Features for 2101 W Century Blvd
General Information
Standard status
Active
Size
4,704 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$169,132
Building Details
Tenancy
Multi
Listing Agency:
Commercial Asset Group, Inc.
Listed By:
Alex Shabani · License #CA 01352902
(310) 272-7397
Source:
Crexi
Added: Jul 20
Changed: Sep 3
Last Checked: Sep 7 at 6:25AM
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 Commercial Asset Group, Inc.
Investment Insights
Based on property information with market context.
This for-sale corner retail strip center is arranged in a traditional L-shaped configuration and is located on a corner site. The property is positioned for retail use within a cluster of major entertainment and event destinations.
The public remarks note close proximity to SoFi Stadium, the Kia Forum, and the Intuit Dome, along with Hollywood Park Casino and the Shops at Hollywood Park. The area also includes a future apartment project referenced in the remarks.
Overall, the asset is presented as an L-shaped neighborhood shopping configuration on a corner, supported by its location near high-activity entertainment venues.
The public remarks note close proximity to SoFi Stadium, the Kia Forum, and the Intuit Dome, along with Hollywood Park Casino and the Shops at Hollywood Park. The area also includes a future apartment project referenced in the remarks.
Overall, the asset is presented as an L-shaped neighborhood shopping configuration on a corner, supported by its location near high-activity entertainment venues.
Key Highlights
- L‑shaped corner strip center for sale
- Located within close proximity to SoFi Stadium
- Blocks from the revitalized Inglewood Entertainment Corridor
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
$109,167
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
4.38%
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%
$2,183,340
$2.2M
Cap Rate 7%
$1,559,529
$1.6M
Cap Rate 9%
$1,212,967
$1.2M
Market Conditions
NOI Build-Up for 4,704 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
$173.9K $36.96/SF
− Vacancy
−$17.9K −$3.81/SF
EGI
$156.0K $33.15/SF
− OpEx
−$46.8K −$9.95/SF
NOI
$109.2K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
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%
$2,183,340
Cap Rate 7%
$1,559,529
Cap Rate 9%
$1,212,967
Alternative Uses
Best Use
Retail
$1.56M
$1.36M – $1.82M
NOI $109,167 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$95.30M
$83.39M – $111.18M
NOI $6,671,015 @ 7.0% cap · market cap 267.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
534
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Chevron
Shops & Services
6,116 visits/mo
0.1 miles
Domino's Pizza
Dining
3,168 visits/mo
0.1 miles
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - L-shaped corner strip center for sale, positioned near major Inglewood entertainment venues.
Where is this strip mall located?
The property is located at 2101 W Century Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: L‑shaped corner strip center for sale; Located within close proximity to SoFi Stadium; Blocks from the revitalized Inglewood Entertainment Corridor
