Two-Story Light Industrial
307 E Beach Ave, Inglewood, CA 90302
For Sale
New
$1,395,000
Ground-level loading access and a 200 AMP/240 V power service support industrial operations.
Property Size4,835 SF
Lot Size0.16 Acres
Price / SF$288.52
Days on Market2
Property Features for 307 E Beach Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Warehouse & Industrial
Warehouse Space
Office Build-Out
Drive-In Doors
Power
Voltage
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
HCREB
Listed By:
Hazar Chircorian · License CA #01026461
(818) 548-4449
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:31PM
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 HCREB
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Investment Insights
Based on property information with market context.
This freestanding, two-story light-industrial building was constructed in 1955. The ground floor includes an approximately 2,618-square-foot open warehouse, a 540-square-foot garage and loading bay, a 345-square-foot storage room, and a 237-square-foot office with separate street access. A three-room office suite of approximately 857 square feet occupies the upper floor and includes a full bath, shower, closet, and roof access.
Two ground-level roll-up doors serve the warehouse and attached garage/loading area. The property also has a loading gate, concrete walls on the first floor, and 200 AMP/240 V electrical service, with subpanels on the east, north, and west warehouse walls. A driveway and covered carport storage at the rear connect directly to the warehouse.
Two ground-level roll-up doors serve the warehouse and attached garage/loading area. The property also has a loading gate, concrete walls on the first floor, and 200 AMP/240 V electrical service, with subpanels on the east, north, and west warehouse walls. A driveway and covered carport storage at the rear connect directly to the warehouse.
Key Highlights
- Approximately 2,618 SF of open warehouse space
- Two ground‑level roll‑up doors, including access through the attached garage/loading bay
- 200 AMP/240 V service with warehouse subpanels on the east, north, and west walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,934
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,458,680
$1.5M
Cap Rate 7%
$1,041,914
$1.0M
Cap Rate 9%
$810,378
$810.4K
Market Conditions
NOI Build-Up for 4,835 SF
Gross rent
$91.7K $18.96/SF
− Vacancy
−$5.9K −$1.21/SF
EGI
$85.8K $17.75/SF
− OpEx
−$12.9K −$2.66/SF
NOI
$72.9K $15.08/SF
Area
Inglewood, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,458,680
Cap Rate 7%
$1,041,914
Cap Rate 9%
$810,378
Alternative Uses
Best Use
Warehouse
$1.04M
$911.7K – $1.22M
NOI $72,934 @ 7.0% cap · market cap 5.23%
Second Best
Industrial
$858.0K
$750.8K – $1.00M
NOI $60,063 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,088 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,464
Businesses Nearby
Explore this area
Business Placement
Demographics for 90302, CA
29,264
Population
11,366
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
15,402
Density / Sq Mi
$72,461
Median Household Income
$37,675
Median Earnings
$1,784
Median Rent
$731,300
Median Home Value
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Market
Average Price Trend$/SF for Manufacturing properties in Los Angeles County, CA
Properties on Market for Manufacturing properties in Los Angeles County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Ground-level loading access and a 200 AMP/240 V power service support industrial operations.
Where is this manufacturing property located?
The property is located at 307 E Beach Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Approximately 2,618 SF of open warehouse space; Two ground‑level roll‑up doors, including access through the attached garage/loading bay; 200 AMP/240 V service with warehouse subpanels on the east, north, and west walls
