Historic Core Mixed-Use
For Sale
$3,900,000
302 E Manchester Boulevard, Inglewood, CA 90301
Commercial Sale, Inglewood, CA
Property Size18,229 SF
Lot Size0.31 Acres
Price / SF$213.94
Days on Market30
Property Features for 302 E Manchester Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC
Directions
Southeast corner of Manchester Blvd and Market Street
Subdivision
102 - South Inglewood
Standard status
Active
APN
4021013019
Lot size
0.31 Acres
Site & Location
Corner Location
Yes
Mixed-Use Components
retail, office
Building Details
Buildings
3
Listing Agency:
BELLANTE REALTY
Listed By:
BUZZ DAWSON · License #00525786
(310) 671-6187
Added: Oct 7
Changed: Nov 2
Last Checked: Nov 5 at 10:06AM
MLS# IN26218432
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Three connected buildings provide 14 retail and office units, with approximately 18,229 rentable square feet across ground-floor space, upper-level offices, and mezzanines. The property includes four upstairs offices, while eight units have forced-air heating and air conditioning. Individual electric meters serve all units, and six also have separate gas meters.
The site occupies the southeast corner of Market Street and Manchester Boulevard in downtown Inglewood, with alley access at the rear. HC (Historic Core) zoning applies. The buildings date to 1933, 1946, and 1949.
The site occupies the southeast corner of Market Street and Manchester Boulevard in downtown Inglewood, with alley access at the rear. HC (Historic Core) zoning applies. The buildings date to 1933, 1946, and 1949.
Key Highlights
- 14 stores and offices across three contiguous buildings
- Approximately 18,229 rentable square feet, including 15,496 square feet on the ground floor
- Four upstairs offices and approximately 2,733 square feet of second story and mezzanines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$314,450
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,289,000
$6.3M
Cap Rate 7%
$4,492,143
$4.5M
Cap Rate 9%
$3,493,889
$3.5M
Market Conditions
NOI Build-Up for 18,229 SF
Gross rent
$546.9K $30.00/SF
− Vacancy
−$43.7K −$2.40/SF
EGI
$503.1K $27.60/SF
− OpEx
−$188.7K −$10.35/SF
NOI
$314.5K $17.25/SF
Area
Inglewood, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,289,000
Cap Rate 7%
$4,492,143
Cap Rate 9%
$3,493,889
Alternative Uses
Best Use
Retail
$6.58M
$5.76M – $7.68M
NOI $460,773 @ 7.0% cap · market cap 11.81%
Second Best
Mixed Use
$4.49M
$3.93M – $5.24M
NOI $314,450 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$7.44M
$6.51M – $8.68M
NOI $520,620 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,610
Businesses Nearby
246k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 33%
Groceries 32%
VONS
Groceries
47,561 visits/mo
0.2 miles
Superior Grocers
Groceries
30,382 visits/mo
0.4 miles
dd's DISCOUNTS
Shops & Services
27,882 visits/mo
0.3 miles
McDonald's
Dining
26,560 visits/mo
0.1 miles
Sizzler
Dining
23,846 visits/mo
0.5 miles
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A multi-building property combines ground-floor retail and office space with additional offices above.
Where is this mixed-use property located?
The property is located at 302 E Manchester Boulevard Inglewood, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 14 stores and offices across three contiguous buildings; Approximately 18,229 rentable square feet, including 15,496 square feet on the ground floor; Four upstairs offices and approximately 2,733 square feet of second story and mezzanines
