1115 E Redondo Blvd Inglewood, CA 90302
Mixed-use property featuring loading docks, offices, and neighborhood traffic.
- Added:
- Sep 26, 2024
- Days on Market:
- 655
- Last Refresh:
- Jun 28 at 8:29 am
Property Features for 1115 E Redondo Blvd
General Information
- Standard status
- Active
- Size
- 3,104 SF
- Property subtype
- Hospitality, Industrial, Office, Retail, Self Storage
Building Details
- Year Built
- 1948
Listing office THE CORRALES GROUP (310) 546-7611
Listing date Sep 26, 2024
Source Crexi
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 THE CORRALES GROUP
Investment Insights
Based on property information with market context.
Key Highlights
- Four loading dock/garages offer significant utility.
- Proximity to SoFi Stadium (2.1 miles).
- Three offices and three bathrooms.
Local Financial Insights For Retail
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 | $114.7k | $36.96 |
| − Vacancy | −$2.6k | −$0.85 |
| EGI | $112.1k | $36.11 |
| − OpEx | −$33.6k | −$10.83 |
| NOI | $78.5k | $25.28 |
