Mixed-Use Portfolio with NNN
For Sale
Contact for pricing
3738 W IMPERIAL HWY, Inglewood, CA 90303
Two properties offer separate-sale flexibility, on-site parking, and established lease terms.
Property Size2,190 SF
Price / SF$502.28
Days on Market9
Property Features for 3738 W IMPERIAL HWY
General Information
Standard status
Active
Size
2,190 SF
Class
C
Property subtype
Office, Mixed Use
Zoning
HACM
Lease Type
NNN
Building Details
Year Built
1940
Buildings
2
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Capital Bridge Real Estate Advisors - KW Commercial
(310) 300-3180
Listed By:
Elijah Suval · License #02024364
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 21 at 4:02PM
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 Capital Bridge Real Estate Advisors - KW Commercial
Investment Insights
Based on property information with market context.
This mixed-use portfolio includes two properties offered with NNN leases extending through June 2027. The leases include a fair-market-value renewal provision, with a rent reset scheduled in under 12 months. The properties may also be sold separately, providing transaction flexibility for qualified buyers.
Located at 3738 W Imperial Hwy in Inglewood, the portfolio includes on-site parking for both properties. The site is near SoFi Stadium, Intuit Dome, The Forum, and LAX Airport. The property was built in 1940 and carries HACM zoning.
Located at 3738 W Imperial Hwy in Inglewood, the portfolio includes on-site parking for both properties. The site is near SoFi Stadium, Intuit Dome, The Forum, and LAX Airport. The property was built in 1940 and carries HACM zoning.
Key Highlights
- NNN leases extend through June 2027
- FMV renewal provision included in the leases
- Rent reset scheduled in under 12 months
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
$46,910
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
4.26%
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%
$938,200
$938.2K
Cap Rate 7%
$670,143
$670.1K
Cap Rate 9%
$521,222
$521.2K
Market Conditions
NOI Build-Up for 2,190 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
$73.6K $33.60/SF
− Vacancy
−$11.0K −$5.04/SF
EGI
$62.5K $28.56/SF
− OpEx
−$15.6K −$7.14/SF
NOI
$46.9K $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%
$938,200
Cap Rate 7%
$670,143
Cap Rate 9%
$521,222
Alternative Uses
Best Use
Office B
$670.1K
$586.4K – $781.8K
NOI $46,910 @ 7.0% cap · market cap 4.26%
Second Best
Mixed Use
$539.7K
$472.2K – $629.6K
NOI $37,778 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$893.5K
$781.8K – $1.04M
NOI $62,546 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 90303, CA
24,490
Population
7,354
Households
3.3
Avg Household Size
35
Median Age
18%
College-Educated
73%
High-School Grad
1.9 sq mi
ZIP Area
12,889
Density / Sq Mi
$70,853
Median Household Income
$36,292
Median Earnings
$1,709
Median Rent
$764,200
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?
Mixed-use property - Two properties offer separate-sale flexibility, on-site parking, and established lease terms.
Where is this mixed-use property located?
The property is located at 3738 W IMPERIAL HWY Inglewood, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: NNN leases extend through June 2027; FMV renewal provision included in the leases; Rent reset scheduled in under 12 months
