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    520 La Brea Ave Inglewood, CA 90301

    For Sale
    $2,900,000

    Prime Inglewood location, 6,700 SF vacant retail space.

    Property size:
    6,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,700-square-foot retail property, located at 520 S La Brea Ave in Inglewood, California, presents a unique investment opportunity. Built in 1965, this single-story building sits on a 15,682-square-foot lot (APN 4021-020-038) and is zoned C-2. Currently vacant, the property offers significant potential for a variety of uses, including bar, restaurant, or storefront retail, given its versatile layout and zoning. The asking price is $2,900,000, translating to $432.84 per square foot. Its strategic location in Inglewood offers easy access to major transportation arteries, including proximity to the 405 Freeway and the Metrolink system (K-line and E-line connections). The property benefits from its close proximity to prominent landmarks such as SoFi Stadium, Intuit Dome, and Kia Forum, as well as numerous local amenities, restaurants, and entertainment venues. This location provides excellent visibility and accessibility, making it an attractive proposition for both owner-occupiers and investors seeking a stable and potentially high-growth investment in a thriving area. The property's strong fundamentals, combined with its prime location, make it an ideal investment for those seeking long-term growth and a hedge against inflation. The property is currently vacant, offering immediate occupancy for the new owner.

    Property Features for 520 La Brea Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,700 SF

    Building Details

    Year Built
    1965
    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Region For Christ Church Miya Lcsw Sumii Social Worker US Army & Army ... Military Base Patricia L. Hamlin, ... Counselor aims staffing agency ... Employment Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3527848
    Latitude
    33.9569988

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    FAQs

    What type of property is this?
    Individual retail property - Prime Inglewood location, 6,700 SF vacant retail space.
    Where is this individual retail property located?
    The property is located at 520 La Brea Ave Inglewood, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    Request Owner's contact information
    520 La Brea Ave Inglewood, CA 90301
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    Inglewood, CA 90301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 La Brea Ave Inglewood, CA 90301
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