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Inglewood Mixed-Use Investment Opportunity

414 North La Brea Avenue Inglewood, CA 90302

414 North La Brea Avenue, Inglewood, CA, 90302
$1,500,000
For Sale
Claim this Listing
$1,500,000

Mixed-use property with offices and residential units near development sites.

Property Size5,475 SF
Price / SF$273.97
AddedNov 21, 2025
Days on Market236
Last RefreshMay 8 at 9:45 pm

Property Features for 414 North La Brea Avenue

General Information

Standard status
Active
Size
5,475 SF
Property subtype
Mixed Use

Building Details

Year Built
1947

Listing office

Listing date Nov 21, 2025

Source Svn

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 Shiva Monify


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.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $184.0k $33.60
− Vacancy −$27.6k −$5.04
EGI $156.4k $28.56
− OpEx −$39.1k −$7.14
NOI $117.3k $21.42
5,475 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.68M
$1.47M – $1.95M (±1% cap)
NOI $117,275 @ 7.0% cap · market cap 7.82%
Second Best
Mixed Use
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,444 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$2.23M
$1.95M – $2.61M (±1% cap)
NOI $156,366 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Pet Grooming Service Nursing Home Tattoo & Piercing Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store Storage Facility Restaurant Travel Agency Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
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