Inglewood Mixed-Use Redevelopment
317 S La Brea, Inglewood, CA 90301
For Sale
$2,500,000
Mixed-use retail/office building in Inglewood with redevelopment potential.
Property Size15,831 SF
Lot Size0.36 Acres
Price / SF$196.99
Days on Market199
Property Features for 317 S La Brea
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Cameron Samimi · License #CA 02035763
(310) 425-9838
Source:
Elliman
Added: Apr 24
Changed: Aug 25
Last Checked: Aug 14 at 7:26AM
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 Lyon Stahl Investment Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Located in the heart of Inglewood, 317 S La Brea Ave is a mixed-use retail/medical office building. The building has a size of 12,691 square feet and is situated on a 15,831 square foot lot. The property is zoned INC1D* and presents an amazing redevelopment opportunity for conversion into apartments, office space, mixed-use development, or a potential hotel site. The property is located on La Brea Ave and Manchester Blvd, steps from Inglewood City Hall and across from the Downtown Transit Station and the new Jordan Brand House. It is also situated within minutes of SoFi Stadium, the Kia Forum, and the new Intuit Dome. The location has a walk score of 83, indicating it is very walkable, a transit score of 54, indicating good transit options, and a bike score of 50, indicating it is bikeable. This property offers a strategic corner parcel in a dynamic, growing market.
Key Highlights
- Prime location near Inglewood City Hall, Downtown Transit Station, Jordan Brand House, and the growing Downtown corridor.
- Amazing redevelopment opportunity for apartments, office space, mixed‑use, or a potential hotel.
- Minutes from SoFi Stadium, the Kia Forum, and the new Intuit Dome.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,920
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,378,400
$4.4M
Cap Rate 7%
$3,127,429
$3.1M
Cap Rate 9%
$2,432,444
$2.4M
Market Conditions
NOI Build-Up for 12,691 SF
Gross rent
$380.7K $30.00/SF
− Vacancy
−$30.5K −$2.40/SF
EGI
$350.3K $27.60/SF
− OpEx
−$131.4K −$10.35/SF
NOI
$218.9K $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%
$4,378,400
Cap Rate 7%
$3,127,429
Cap Rate 9%
$2,432,444
Alternative Uses
Best Use
Mixed Use
$3.13M
$2.74M – $3.65M
NOI $218,920 @ 7.0% cap · market cap 8.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.18M
$4.53M – $6.04M
NOI $362,455 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,700
Businesses Nearby
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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
$698,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use retail/office building in Inglewood with redevelopment potential.
Where is this mixed-use property located?
The property is located at 317 S La Brea Inglewood, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location near Inglewood City Hall, Downtown Transit Station, Jordan Brand House, and the growing Downtown corridor.; Amazing redevelopment opportunity for apartments, office space, mixed‑use, or a potential hotel.; Minutes from SoFi Stadium, the Kia Forum, and the new Intuit Dome.
