Freestanding Storefront
New
For Sale
$1,500,000
550 W Manchester Boulevard, Inglewood, CA 90301
Vacant commercial building at a signalized intersection near the 405 Freeway and major entertainment destinations.
Property Size1,800 SF
Lot Size0.13 Acres
Price / SF$833.33
Days on Market3
Property Features for 550 W Manchester Boulevard
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.13 Acres
Property subtype
Free Standing Building
Site & Location
Traffic Count
30,653 vehicles/day
Highway Access
Yes
Additional Details
Asking Price
$1,500,000
Building Details
Building Size
1,800 SF
Year Built
1954
Buildings
1
Tenancy
Single
Listing Agency:
CBM1, Inc.
(818) 380-9972
Listed By:
David Guardado · License #1837493
(818) 380-9972
Source:
Thebrokerlist
Added: Aug 16
Changed: Aug 17
Last Checked: Aug 17 at 10:12AM
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 CBM1, Inc.
Investment Insights
Based on property information with market context.
This freestanding storefront property includes approximately 1,800 SF of building area on approximately 5,705 SF of land. Built in 1954, the building is currently vacant and will be delivered unoccupied. Its standalone configuration supports a range of storefront-oriented commercial applications, subject to applicable approvals.
The property is located on W. Manchester Boulevard in Inglewood, just east of the 405 Freeway and near the freeway off-ramp serving Manchester Boulevard. It sits at the signalized intersection of Manchester Boulevard and Oak Street, with approximately 30,653 CPD. The surrounding route connects toward SoFi Stadium, Hollywood Park Casino, YouTube Theatre, and LAX.
The property is located on W. Manchester Boulevard in Inglewood, just east of the 405 Freeway and near the freeway off-ramp serving Manchester Boulevard. It sits at the signalized intersection of Manchester Boulevard and Oak Street, with approximately 30,653 CPD. The surrounding route connects toward SoFi Stadium, Hollywood Park Casino, YouTube Theatre, and LAX.
Key Highlights
- Approximately 1,800 SF freestanding storefront building
- Approximately 5,705 SF land area
- Vacant delivery; building will be handed over unoccupied
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
$45,498
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
3.03%
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%
$909,960
$910.0K
Cap Rate 7%
$649,971
$650.0K
Cap Rate 9%
$505,533
$505.5K
Market Conditions
NOI Build-Up for 1,800 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
$66.5K $36.96/SF
− Vacancy
−$1.5K −$0.85/SF
EGI
$65.0K $36.11/SF
− OpEx
−$19.5K −$10.83/SF
NOI
$45.5K $25.28/SF
Area
Inglewood, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
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%
$909,960
Cap Rate 7%
$649,971
Cap Rate 9%
$505,533
Alternative Uses
Best Use
Retail
$650.0K
$568.7K – $758.3K
NOI $45,498 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$734.4K
$642.6K – $856.8K
NOI $51,408 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
30,653 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,582
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Home Improvements & Furnishings 25%
Dining 23%
Hotels & Casinos 3%
The Home Depot
Home Improvements & Furnishings
43,744 visits/mo
0.3 miles
76
Shops & Services
23,852 visits/mo
0.0 miles
Starbucks
Dining
19,919 visits/mo
0.1 miles
Shell
Shops & Services
19,857 visits/mo
0.1 miles
Mobil
Shops & Services
17,037 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant commercial building at a signalized intersection near the 405 Freeway and major entertainment destinations.
Where is this storefront property located?
The property is located at 550 W Manchester Boulevard 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: Approximately 1,800 SF freestanding storefront building; Approximately 5,705 SF land area; Vacant delivery; building will be handed over unoccupied
