Inglewood Mixed-Use Investment
For Sale
$1,500,000
414 North La Brea Avenue, Inglewood, CA 90302
Mixed-use property with offices and residential units near development sites.
Property Size5,475 SF
Price / SF$273.97
Days on Market281
Property Features for 414 North La Brea Avenue
General Information
Standard status
Active
Size
5,475 SF
Property subtype
Mixed Use
Building Details
Building Size
5,475 SF
Year Built
1947
Listing Agency:
SVN | Rich Investment Real Estate Partners Los Angeles
(310) 892-6892
Listed By:
Shiva Monify · License #CalDRE #01728143
(310) 892-6892
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 14
Last Checked: Aug 29 at 7:38AM
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 SVN | Rich Investment Real Estate Partners Los Angeles
Investment Insights
Based on property information with market context.
Located in Inglewood, California, this mixed-use property presents a great investment opportunity. The building has 5,475 square feet of space on a 7,445 square foot lot with C3 zoning. The property features seven units: two commercial units on the first floor, two residential units on the top floor, a duplex, and a single-family residence in the rear. All residential units except the single-family residence have Section 8 tenants. On-site parking is available, along with unrestricted street parking. The property is gated and secure, with two gas and two electrical meters. The location is near amenities, shopping, public transportation, and schools. It is also close to major Inglewood development sites, including the new NFL Stadium and the new Hilton Hotel with a rooftop deck and public art installations. The property has great upside potential in rents. Several ongoing development projects are nearby, including the Inglewood NFL Stadium, PATH Villas Eucalyptus, Downtown Inglewood and Fairview Heights Metro Stations, Hilton TRU Hotel, and the D3-Thomas Safran Project.
Key Highlights
- Mixed‑use property featuring 2 commercial and 5 residential units, offering diverse income streams.
- Located near major Inglewood development sites, including the NFL Stadium and Hilton Hotel.
- C3 zoning on a 7,445 SF lot provides flexibility for future development or expansion.
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
$117,275
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
7.82%
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%
$2,345,500
$2.3M
Cap Rate 7%
$1,675,357
$1.7M
Cap Rate 9%
$1,303,056
$1.3M
Market Conditions
NOI Build-Up for 5,475 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
$184.0K $33.60/SF
− Vacancy
−$27.6K −$5.04/SF
EGI
$156.4K $28.56/SF
− OpEx
−$39.1K −$7.14/SF
NOI
$117.3K $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%
$2,345,500
Cap Rate 7%
$1,675,357
Cap Rate 9%
$1,303,056
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.95M
NOI $117,275 @ 7.0% cap · market cap 7.82%
Second Best
Mixed Use
$1.35M
$1.18M – $1.57M
NOI $94,444 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$2.23M
$1.95M – $2.61M
NOI $156,366 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,745
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
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 - Mixed-use property with offices and residential units near development sites.
Where is this mixed-use property located?
The property is located at 414 North La Brea Avenue Inglewood, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed‑use property featuring 2 commercial and 5 residential units, offering diverse income streams.; Located near major Inglewood development sites, including the NFL Stadium and Hilton Hotel.; C3 zoning on a 7,445 SF lot provides flexibility for future development or expansion.
