Freestanding Office and Retail
For Sale
$749,999
226 W Arbor Vitae, Inglewood, CA 90301
Vacant C-2 building with open office layout, private office, reception, restroom, ADA accessibility, and dedicated on-site parking.
Property Size1,000 SF
Lot Size0.07 Acres
Price / SF$749
Days on Market47
Property Features for 226 W Arbor Vitae
General Information
Standard status
Active
Size
1,000 SF
Lot size
0.07 Acres
Property subtype
Commercial
Zoning
C-2
Building Details
Building Size
1,000 SF
Year Built
1925
Listing Agency:
(310) 259-5123
Listed By:
Randal Marin
(310) 259-5123
Source:
Elliman
Added: Jul 14
Changed: Aug 15
Last Checked: Aug 29 at 12:28PM
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 Randal Marin
Investment Insights
Based on property information with market context.
Freestanding commercial building zoned C-2, currently vacant and ready for immediate occupancy. The interior layout includes an open floor plan, private office space, a reception area, and a restroom with ADA accessibility. Dedicated on-site parking supports convenient customer and staff access.
Located on Arbor Vitae Street in Inglewood, the property is positioned for visibility and convenient access to major thoroughfares and nearby destinations, including LAX and SoFi Stadium. It is also close to the Hollywood Park development and Downtown Inglewood.
The building is approximately 1,000 square feet with interior improvements that support professional or service-oriented operations, while the C-2 zoning allows flexibility for a range of commercial uses.
Located on Arbor Vitae Street in Inglewood, the property is positioned for visibility and convenient access to major thoroughfares and nearby destinations, including LAX and SoFi Stadium. It is also close to the Hollywood Park development and Downtown Inglewood.
The building is approximately 1,000 square feet with interior improvements that support professional or service-oriented operations, while the C-2 zoning allows flexibility for a range of commercial uses.
Key Highlights
- Freestanding C‑2 commercial building in Inglewood, vacant and ready for immediate occupancy.
- Approximately 1,000 SF interior on an approximately 3,136 SF lot with a functional open floor plan.
- Includes private office space, reception area, and restroom.
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
$21,420
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
2.86%
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%
$428,400
$428.4K
Cap Rate 7%
$306,000
$306.0K
Cap Rate 9%
$238,000
$238.0K
Market Conditions
NOI Build-Up for 1,000 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
$33.6K $33.60/SF
− Vacancy
−$5.0K −$5.04/SF
EGI
$28.6K $28.56/SF
− OpEx
−$7.1K −$7.14/SF
NOI
$21.4K $21.42/SF
Area
Inglewood, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
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%
$428,400
Cap Rate 7%
$306,000
Cap Rate 9%
$238,000
Alternative Uses
Best Use
Office B
$306.0K
$267.8K – $357.0K
NOI $21,420 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.0K
$357.0K – $476.0K
NOI $28,560 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,977
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
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Frequently Asked Questions
What type of property is this?
Office building - Vacant C-2 building with open office layout, private office, reception, restroom, ADA accessibility, and dedicated on-site parking.
Where is this office building located?
The property is located at 226 W Arbor Vitae Inglewood, CA.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Freestanding C‑2 commercial building in Inglewood, vacant and ready for immediate occupancy.; Approximately 1,000 SF interior on an approximately 3,136 SF lot with a functional open floor plan.; Includes private office space, reception area, and restroom.
